Integration and Causality in International Freight Markets: Modeling with Error Correction and Directed Acyclic Graphs.

Using directed acyclic graphs (DAGs) and error correction models, we study the dynamics of freight prices that comprise the Baltic Panamax Index (BPI), the index on which freight futures trading was based. The DAGs are used to make statements about the contemporaneous correlations between prices and...

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Detalles Bibliográficos

Publicado en:	Southern Economic Journal Vol. 71; no. 1; pp. 145 - 163
Autores principales:	Haigh, Michael S., Nomikos, Nikos K., Bessler, David A.
Formato:	Artículo
Publicado:	Wiley-Blackwell Jul2004
Materias:	Economic models Prices Freight & freightage rates Indexation (Economics) Accounting methods Futures
Acceso en línea:	Ver este registro en EBSCOhost