碩士 / 國立中興大學 / 高階經理人碩士在職專班 / 96 / Since year 2000, United States property market flourished with the booming of the global economy. Consumers’ confidence grew rapidly in all industries as the wealth of both salaried and entrepreneurs increased. The economical development of NDIs triggered the huge need of production resources and hence inflated the price of crude oil, iron ore, grain and coal. The demands for these production resources were often not located at the same country of the supplies. The shipping industry benefited from this boom as shown by the significant rise of the BDI, which represented the shipping industry. The present paper aimed to empirically examine the changes of BDI against the changes in the prices of production resources. Through unit root test, cointegration test and causalty test, this paper further aimed to identify the relationship between the BDI and production resources and between different production resources. The test results shown a significant long term relationship existed between BDI and coal prices, whereas no significant relationship is shown between BDI and CRB futures index. Causalty test indicated that BDI lead the coal prices and CRB futures index lead BDI. These results would act as references for industry stakeholders and investors.
| Identifer | oai:union.ndltd.org:TW/096NCHU5457014 |
| Date | January 2008 |
| Creators | Hung-Ching Chu, 朱洪慶 |
| Contributors | 董澍琦 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 36 |
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