Research on Freight Development of Guangdong Province Based on Grey Theory Model

Abstract

Logistics and economic development complement each other. The comprehensive competitiveness of Guangdong provincial economy ranks first in China. Under the influence of COVID-19, the freight development of Guangdong Province has been affected, but there is still lack of quantitative research. It is significant to explore the trend of economic development through the freight development of Guangdong Province. Based on the grey theory model, this paper uses six freight indexes to research freight development of Guangdong Province. Under the assumption that COVID-19 did not happen, we predicted the development value of freight index of Guangdong Province from January to December in 2020 and studied the influence based on the comparison between the predicted value and actual value. The empirical study shows three impact characteristics: stage characteristics, structural characteristics, and entity transmission characteristics. COVID-19 has a negative impact on the development of total freight volume, highway freight volume, waterway freight volume, and air freight volume in Guangdong Province. The influence values were −23.001%, −29.344%, −11.296%, and −3.838%. But, the freight volumes of railway and pipeline were positively affected by 14.343% and 13.057%, respectively, due to their continuity and substitution to other transportation modes. To further explore the abate measures of COVID-19 impact on Guangdong’s freight development, the grey correlation model is introduced to study the correlation factors of freight development of Guangdong Province. Through the research of the related factors, this paper puts forward some measures to promote the freight development of Guangdong Province in the postepidemic era.