a product to transport, and time to delivery or speed. The Baltic Dry Index is a composite of four sub-indices that measure different sizes of dry bulk carriers or merchant ships: Capesize, Panamax, Supramax, and Handysize.1
The three month moving average (3MMA), of the Baltic Dry Index (BDI), for November moved-up 7.7% to 1,434 month on month (m/m). The index has moved higher in each of the last four months, (3MMA). On a 3MMA year on year basis, (y/y), the BDI was 55.4% hig
(2013) The Baltic Dry Index: Cyclicalitites, Forecating, and Hedging Strategies. The Rimini Centre for Economic Analysis.Papailias, F. and D. Thomakos (2013), "The Baltic Dry Index: Cyclicalities, Forecasting and Hedging Strategies", The Rimini Center For Economic Analysis Working Papers, 65...
To do so, an instrument for trade based on the Baltic Dry Index (BDI) is constructed. The BDI reflects the cost of shipping primary goods, which dominate the LDCs' output. We find that a 1% increase in trade raises GDP per capita by about 0.5% on average. Thus, trade is especially ...
This study examines the spillover effect of the Baltic Dry Index (BDI) on the commodities futures, currency, and stock markets by using a tri-variate VAR-BEKK-GARCH-X model on a dataset from October 1, 2007 to October 31, 2018. Results reveal that the BDI spillover effect is time-varyi...
The Baltic Dry Index (BDI) is commonly perceived as a leading indicator of economic activities. In this paper, we explore whether the BDI has predictive ability for exchange rates of fourteen major currencies against US dollar. Results of panel regression demonstrate that the BDI provides statistica...
New evidence on the information and predictive content of the Baltic Dry Index. Apergis N,Payne J E. International Journal of Financial Studies . 2013New Evidence on the Information and Predictive Content of the Baltic Dry Index. Apergis N,Payne J E. International Journal of Financial Studies ...
VLOCs with long-term fixed freight rates contribute stable cash flows, while other ship types are subject to fluctuations in the Baltic Dry Index (BDI). The growth rate of global dry bulk shipping capacity is gradually declining. In Nov 2022, the monthly growth rate of dry bulk shipping capa...
(2011) Study about How the Chinese Economic Status Affects to the Baltic Dry Index, International Journal of Business & Management, vol. 6 (3), pp. 116-123.Study about How the Chinese Economic Status Affects to the Baltic Dry Index. Kim,hyung-geun. International Journal of Business and ...
The Baltic Dry Index, an industry benchmark, hit a 12-year high in September.4 Going forward, a shortage of dry bulk vessels5 is expected to coincide with growing demand for goods like coal,6 iron ore7 and steel8 from both emerging and developed markets. Flush with government stimulus ...