On May 14th and 15th, the Urban Logistics Chair will participate in the international conference ICUTCL 2018 “20th International Conference on Urban Transportation and City Logistics” in London.
The Chair will present the research work titled “Statistic Regression and Open Data Approach for Identifying Economic Indicators That Influence e-Commerce“.
In addition, Simon Tamayo was appointed Chairman for Session IX of the conference.
Summary of the presented work
This paper presents a statistical approach to identify explanatory variables linearly related to e-commerce sales. The proposed methodology allows specifying a regression model in order to quantify the relevance between openly available data (economic and demographic) and national e-commerce sales. The proposed methodology consists in collecting data, preselecting input variables, performing regressions for choosing variables and models, testing and validating. The usefulness of the proposed approach is twofold: on the one hand, it allows identifying the variables that influence e- commerce sales with an accessible approach. And on the other hand, it can be used to model future sales from the input variables. Results show that e-commerce is linearly dependent on 11 economic and demographic indicators.