How do geopolitical risks affect oil prices and freight rates?
The study unveils the association between oil prices (OP) and the Baltic Dry Index (BDI) in
the presence of geopolitical risk (GPR) in time and frequency domains. The co-movement …
the presence of geopolitical risk (GPR) in time and frequency domains. The co-movement …
Trade matters except to war neighbors: The international stock market reaction to 2022 Russia's invasion of Ukraine
We investigate the role of international trade and proximity to war in international stock
markets during the invasion of Ukraine by employing DiD designs and panel data …
markets during the invasion of Ukraine by employing DiD designs and panel data …
High‐speed railway to success? The effects of high‐speed rail connection on regional economic development in China
F Yu, F Lin, Y Tang, C Zhong - Journal of Regional Science, 2019 - Wiley Online Library
We find that high‐speed railway connection in China has led to a reduction in GDP per
capita for connected peripheral prefectures. We use the least‐cost path‐spanning tree …
capita for connected peripheral prefectures. We use the least‐cost path‐spanning tree …
Transitional growth and trade with frictions: A structural estimation framework
We build and estimate a structural model of transitional growth and trade in a many-country
world. The gravity model of trade is combined with a capital accumulation mechanism …
world. The gravity model of trade is combined with a capital accumulation mechanism …
Trade, institution quality and income inequality
We examine the effect of trade on income inequality in small developing countries. We use
two well-accepted trade cost variables for identification: one is based on Baltic Dry Index …
two well-accepted trade cost variables for identification: one is based on Baltic Dry Index …
[HTML][HTML] The impact of rising maritime transport costs on international trade: Estimation using a multi-region general equilibrium model
E Ferrari, P Christidis, P Bolsi - Transportation Research Interdisciplinary …, 2023 - Elsevier
This paper evaluates the impact of the 2021–22 surge in rates for containerized and bulk
shipping costs. Employing a detailed transport database and applying a set of detailed …
shipping costs. Employing a detailed transport database and applying a set of detailed …
Baltic Dry Index as a major economic policy indicator: the relationship with economic growth
ME Bildirici, F Kayıkçı, IŞ Onat - Procedia-Social and Behavioral Sciences, 2015 - Elsevier
Since its establishment, the Baltic Dry Index has become one of the foremost indicators on
the cost of shipping and an important barometer on the volume of worldwide trade and …
the cost of shipping and an important barometer on the volume of worldwide trade and …
The Baltic Dry Index: cyclicalities, forecasting and hedging strategies
The cyclical properties of the Baltic Dry Index (BDI) and their implications for forecasting
performance are investigated. We find that changes in the BDI can lead to permanent …
performance are investigated. We find that changes in the BDI can lead to permanent …
The asymmetric relationship between Baltic Dry Index and commodity spot prices: evidence from nonparametric causality-in-quantiles test
A Bandyopadhyay, P Rajib - Mineral Economics, 2023 - Springer
Abstract The Baltic Dry Index (BDI) is a unique gauge for measuring the marine
transportation of major dry bulk shipments. Increased sea freight is a precursor to the …
transportation of major dry bulk shipments. Increased sea freight is a precursor to the …
How often do oil prices and tanker freight rates depend on global uncertainty?
The wavelet analysis is used to explore global economic policy uncertainty (GEPU) role in
the correlation between oil prices (OP) and the Baltic Dirty Tanker Index (BDTI). It explores …
the correlation between oil prices (OP) and the Baltic Dirty Tanker Index (BDTI). It explores …