2013 Fiscal Year Final Research Report
A study on the market performance of maritime- and port industries in East Asia region
Project/Area Number |
23530274
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Research Category |
Grant-in-Aid for Scientific Research (C)
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Allocation Type | Multi-year Fund |
Section | 一般 |
Research Field |
Applied economics
|
Research Institution | Nihon University (2012-2013) University of Fukui (2011) |
Principal Investigator |
|
Project Period (FY) |
2011 – 2013
|
Keywords | 海上輸送産業 / 港湾間競争 / 東アジア / 非協力ゲーム / 運賃・用船料・FFA / 企業間協調 / システマティックリスク / 国際物流 |
Research Abstract |
The main purpose of this study is to evaluate market performance of the maritime- and port industries, especially in East Asia region. To address this, we first observe the relationship between the estimated systematic risk betas and the degrees of market competition in the Japanese liner shipping industry. Secondly, the determinations of fright rates (spot, charter, and forward rate such as FFA) are examined by using our previously constructed models. Thirdly, regarding port industries, we construct the models of inter-port competition by using non-cooperative game, and applied them to the East Asian ports (such as Kobe and Busan).
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Research Products
(11 results)