Time Varying Causality Between Cost and Price: An Empirical Analysis on Dry Bulk Shipping Market
Fluctuations of freight income and volatility of bunker prices are together having an important impact on shipping profits because oil, which is the main source of bunker fuel, constitutes substantial operational expense to shipping firms, and it accounts for 34-44% of the whole operation costs. Ho...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Isarder
2021-06-01
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Series: | İşletme Araştırmaları Dergisi |
Subjects: | |
Online Access: | https://isarder.org/index.php/isarder/article/view/672 |