The relationship between commodity prices and freight rates in the dry bulk shipping segment: A threshold regression approach
We examine for the existence of threshold relationships in the commodity price – charter rate nexus. Using the first lag of the commodity price change as the threshold variable, we find that in the case of large drops in commodity prices, the magnitude of the relationship can strongly change. In suc...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2021-01-01
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| Series: | Maritime Transport Research |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666822X21000174 |