Matches in SemOpenAlex for { <https://semopenalex.org/work/W654596671> ?p ?o ?g. }
Showing items 1 to 73 of
73
with 100 items per page.
- W654596671 abstract "After 20 years of development, the Forward Freight Agreement (FFA) has become hedging and speculating instruments and plays a significant role for shipping companies to secure their profits and avoid further risk in the volatile shipping market. In order to investigate the factors contributing to the fluctuation of FFA prices, this paper firstly identifies all possible influencing factors. It then investigates the existence of long-run correlation among them on the BPI T/C and BCI C7 routes. Finally, it develops a theoretical Error Correction Model (VECM) to investigate the major factors in the FFA formulation process. Through econometric analysis, it is demonstrated that the FFA prices are affected by the spot rates, the transportation market demand and supply, and other economic indices not only in the short-run, but long-run as well. Importantly, when the FFA price deviates from its long-run equilibrium level in the short-run, the adjusting power will pulling it back in the long-run. It also indicates that the adjusting power has sign asymmetry for the bunker price and size asymmetry for the fleet size. This paper provides a reference to the participants in the FFA market on the causes of fluctuation in FFA prices, which can be used to promote the risk management in FFA market." @default.
- W654596671 created "2016-06-24" @default.
- W654596671 creator A5021588603 @default.
- W654596671 creator A5066326792 @default.
- W654596671 creator A5089601222 @default.
- W654596671 date "2015-01-01" @default.
- W654596671 modified "2023-09-28" @default.
- W654596671 title "Econometric Modelling of the Dry Bulk FFA Price" @default.
- W654596671 hasPublicationYear "2015" @default.
- W654596671 type Work @default.
- W654596671 sameAs 654596671 @default.
- W654596671 citedByCount "0" @default.
- W654596671 crossrefType "journal-article" @default.
- W654596671 hasAuthorship W654596671A5021588603 @default.
- W654596671 hasAuthorship W654596671A5066326792 @default.
- W654596671 hasAuthorship W654596671A5089601222 @default.
- W654596671 hasConcept C10138342 @default.
- W654596671 hasConcept C134024062 @default.
- W654596671 hasConcept C134306372 @default.
- W654596671 hasConcept C139676723 @default.
- W654596671 hasConcept C145162277 @default.
- W654596671 hasConcept C149782125 @default.
- W654596671 hasConcept C162324750 @default.
- W654596671 hasConcept C175444787 @default.
- W654596671 hasConcept C180075932 @default.
- W654596671 hasConcept C182306322 @default.
- W654596671 hasConcept C204208750 @default.
- W654596671 hasConcept C2775881736 @default.
- W654596671 hasConcept C2781127519 @default.
- W654596671 hasConcept C33923547 @default.
- W654596671 hasConcept C556758197 @default.
- W654596671 hasConceptScore W654596671C10138342 @default.
- W654596671 hasConceptScore W654596671C134024062 @default.
- W654596671 hasConceptScore W654596671C134306372 @default.
- W654596671 hasConceptScore W654596671C139676723 @default.
- W654596671 hasConceptScore W654596671C145162277 @default.
- W654596671 hasConceptScore W654596671C149782125 @default.
- W654596671 hasConceptScore W654596671C162324750 @default.
- W654596671 hasConceptScore W654596671C175444787 @default.
- W654596671 hasConceptScore W654596671C180075932 @default.
- W654596671 hasConceptScore W654596671C182306322 @default.
- W654596671 hasConceptScore W654596671C204208750 @default.
- W654596671 hasConceptScore W654596671C2775881736 @default.
- W654596671 hasConceptScore W654596671C2781127519 @default.
- W654596671 hasConceptScore W654596671C33923547 @default.
- W654596671 hasConceptScore W654596671C556758197 @default.
- W654596671 hasLocation W6545966711 @default.
- W654596671 hasOpenAccess W654596671 @default.
- W654596671 hasPrimaryLocation W6545966711 @default.
- W654596671 hasRelatedWork W1542574742 @default.
- W654596671 hasRelatedWork W1600561997 @default.
- W654596671 hasRelatedWork W1601573432 @default.
- W654596671 hasRelatedWork W169709285 @default.
- W654596671 hasRelatedWork W1971962720 @default.
- W654596671 hasRelatedWork W1976008556 @default.
- W654596671 hasRelatedWork W1978428697 @default.
- W654596671 hasRelatedWork W1986989146 @default.
- W654596671 hasRelatedWork W2000662113 @default.
- W654596671 hasRelatedWork W2096254903 @default.
- W654596671 hasRelatedWork W2099688416 @default.
- W654596671 hasRelatedWork W2129443955 @default.
- W654596671 hasRelatedWork W2158171078 @default.
- W654596671 hasRelatedWork W2609101281 @default.
- W654596671 hasRelatedWork W2783638538 @default.
- W654596671 hasRelatedWork W3122362369 @default.
- W654596671 hasRelatedWork W3145346124 @default.
- W654596671 hasRelatedWork W82100242 @default.
- W654596671 hasRelatedWork W1987010398 @default.
- W654596671 hasRelatedWork W2769307838 @default.
- W654596671 isParatext "false" @default.
- W654596671 isRetracted "false" @default.
- W654596671 magId "654596671" @default.
- W654596671 workType "article" @default.