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.

Language

  • English
  • Portuguese

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Filing Info

  • Accession Number: 01493795
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Sep 15 2013 11:02PM