Covid-19 and the energy trade: Evidence from tanker trade routes
We employ a cointegration setup to explore route-specific off-equilibrium deviations related to Covid-19 that have affected clean (petroleum products) and dirty (crude oil) tanker freight rates, over and above the expected macroeconomic reactions. We find that the additional deviation caused by Covi...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2022-06-01
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Series: | Asian Journal of Shipping and Logistics |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2092521221000754 |