Influence of the builder country on international ship prices

Influência do país construtor no preço internacional de navios

The pricing process in the international market of second-hand ships is extremely complex. This paper aims at analyzing the hypothesis that the builder country is one of the significant explanatory variables. The sample analyzed was composed of tankers, bulk carriers and full-containerships with less than 20 years, sold between 2003 and 2005. The econometric analysis has pointed out robust statistical evidence that bulk carriers built in Japan tend to have higher expected value of second-hand price, ceteris paribus. In the cases of the other classes of ships, sample bias due to different reasons precluded any conclusive analysis.

• Record URL:
  http://www.pesquisaemtransportes.net.br/relit/index.php/relit/article/view/jv5n1p1/pdf
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/22381031
• Supplemental Notes:
  • Abstract used with permission of the Brazilian Transportation Planning Society (BTPS)
• Authors:
  • Pires, Floriano Carlos Martins
  • Cipriano, William M
  • Assis, Luiz Felipe
• Publication Date: 2011-1

Language

• English
• Portuguese

Media Info

• Media Type: Digital/other
• Features: Figures; References; Tables;
• Pagination: pp 4-32
• Serial:
  • Journal of Transport Literature
  • Volume: 5
  • Issue Number: 1
  • Publisher: Brazilian Transport Planning Society
  • ISSN: 2238-1031
  • Serial URL: http://www.scielo.br/scielo.php?script=sci_serial&pid=2238-1031&lng=en&nrm=iso

Subject/Index Terms

• TRT Terms: Bulk carriers; Containerships; Countries; Econometrics; Markets; Pricing; Tankers; Used vehicle industry
• Geographic Terms: Japan
• Subject Areas: Economics; Finance; Marine Transportation; I10: Economics and Administration;

Filing Info

• Accession Number: 01493795
• Record Type: Publication
• Files: TRIS
• Created Date: Sep 23 2013 1:43PM