碩士 / 南華大學 / 財務金融學系財務管理碩士班 / 107 / Taiwan is an island-type country and its geographical position has an important position in military, transportation and trade, and it has a considerable degree of dependence on the shipping industry regardless of whether it is imported or exported. However, the price of crude oil has changed drastically in recent years. For maritime operators whose fuel accounts for about 18% to 20% of the cost, the control of fuel cost is undoubtedly a challenge. In addition, the rise and fall of BDI will affect the income of the maritime industry, which can be said to be the economic indicator of the maritime industry.
The research price of Brent crude oil, BDI index, 9 Taiwan shipping industry (Evergreen Marine, Sincere Navigation, U-Ming, Yang Ming, CMT, China Container, Wanhai, Taiwan Navigation, Shih Wei Navigation) was held on July 3, 2001. The data of the day, week and month of October 31, 2018 are the research objects. Through the VAR model analysis, the causal relationship and mutual influence of Brent crude oil price, BDI index and the stock price of 9 Taiwan shipping companies are discussed. The study found that the crude oil price is a one-way relationship with the BDI index. The BDI index and the maritime industry share price are mainly based on bulk shipping. The relationship between crude oil price and the shipping stock price is mostly single. To the relationship, but if the VAR model analysis is constructed from the data of the three, the relationship becomes more complicated.
| Identifer | oai:union.ndltd.org:TW/107NHU00304013 |
| Date | January 2019 |
| Creators | HSU, WEN-AN, 許文安 |
| Contributors | PAI, TZUNG-MIN, 白宗民 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 70 |
Page generated in 0.0133 seconds