Role of Interest Rates on Fleet Capacity Adjustment Decisions of Shipowners
The aim of this study is to empirically examine the impact of real interest rate on global fleet adjustment processes by modelling new orders and demolitions. The data set used consists of 34 annual observations and covers the years between 1985 and 2018. According to the results, the freight rate h...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Ekonomi ve Finansal Araştırmalar Derneği
2020-04-01
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Series: | Ekonomi, Politika & Finans Araştırmaları Dergisi |
Subjects: | |
Online Access: | https://dergipark.org.tr/tr/download/article-file/1080908 |