Global Trade: Testing Persistence in Global Shipping Based on the Liner Shipping Connectivity Index (LSCI)

Emeka Akpa

South-Eastern Europe Journal of Economics, 2022, vol. 20, issue 2, 127-139

Abstract: This study investigates persistence in the liner shipping connectivity index for 16 countries, namely, the G7, BRICS, and MINT countries from 2006Q1 to 2021Q1. Both the autoregressive and fractional integration methods are used for the analysis of break-adjusted and non-break-adjusted series. Findings from the study show that the liner shipping connectivity index (LSCI) for more countries in the G7 economic group has lower persistence than for countries in the other economic groups - MINT and BRICS - whether the series is adjusted for a structural break or not, thus pointing to a possible quick recovery from a shock than elsewhere. This shows that any disruption to global trade, as proxied by LSCI, will be suffered more by developing countries than developed ones.

Keywords: Liner Shipping Connectivity; Fractional Integration; G7; MINT; BRICS (search for similar items in EconPapers)
JEL-codes: F14 N7 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://asecu.gr/Seeje/issue39/issue39-akpa.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:seb:journl:v:20:y:2022:i:2:p:127-139

Access Statistics for this article

More articles in South-Eastern Europe Journal of Economics from Association of Economic Universities of South and Eastern Europe and the Black Sea Region Contact information at EDIRC.
Bibliographic data for series maintained by Ms. Melina Petromelidou ().