What moves shipping markets?: A variance decomposition of price–charter ratios

Autor: Heesung Yun, Hyun-Tak Lee
Rok vydání: 2021
Předmět:
Zdroj: Maritime Policy & Management. 49:1027-1042
ISSN: 1464-5254
0308-8839
Popis: This paper studies the dynamic relationship between ship prices and operating profits by using the fact that these two factors are cointegrated. To conduct an empirical analysis, we select Panamax ...
Databáze: OpenAIRE