Research On The Regularity Analysis And Development Of The Ship Market

As the relevant market of the shipping market, the variety of the ship market also affect the adjustment of the shipping enterprise investment decision-making. So the research on the ship market is vital to the shipping enterprise.Based on the qualitative analysis, the dissertation adopts the following four analyses. Firstly, element enumeration, method treats the dependent variables as the "effects" of the market economic behavior while the explanatory variables as the "causes", lending a theoretical support to the econometric model. Secondly, under a number of assumptions modeling method discloses the inherent interlink among the different economic elements by employing the major influencing factors and discarding the minor ones as the stochastic disturbances. Verbal description, geometric figure and mathematical equation are the main expression forms of this method in the dissertation. Thirdly, partial equilibrium method neglects the external influences and only focuses on the balance state of the world dry bulk shipping market, a sub-market system of the world integral shipping market system. This method certainly helps facilitate our understanding of the market mechanism, although equilibrium is by no means the normal market state in the real life. Fourthly, dynamic method takes into account the continuous variable, namely, the time, and points out that the world dry bulk shipping market variables would move from a state of balance to another as time goes by. Finally, margin analysis and elasticity analysis methods are also introduced in the profit maximization and the model equation specifications. At last this paper is setting up the econometric model to analyze new building ship market, second-hand ship market, scrapped-hand ship market.After the model test analysis, the conclusions as follows:...