| In recent years, the shipping financial influence on shipping industry attract more and more attention. Because the shipping industry itself belongs to the capital-intensive industry, so shipping and financial have a important intimate connection. The financial services industry can play a crucial role in promoting the development of shipping industry. In the other hand, financing is one of the largest part of the share in the shipping finance. Therefore, Shiping finance must also has important influence on shipping market, especially in the current shipping influx of hot money into the market. So, to study the effect of ship financing for shipping market is particularly important.Before most of scholars for the study of the shipping market freight rate to stay on the analysis of the influence of international trade and economic level, or the theoretical analysis of ship financing influence to the shipping market, there are few study of ship financing to be included in the model. So this article research before conclusion, and make an innovation that take the shipping financing into the BDI index prediction.First of all, this article researches background, significance and research status at home and abroad. Then based on this, advances the research idea and content of this article.Secondly, this article analyzes the international dry bulk shipping market, and analyzes the present situation and the development of ship financing market, including the supply and demand as well as the influence factors.Finally, on the basis of the cointegration theory and error correction model, the article analyzes the international dry bulk freight index has carried on the empirical aspect, in general it is concluded that the ship raised for changes in the BDI index has a certain impact. After to test and verify the accuracy of the model, this paper makes comprehensive diagnosis of the freight index model and test. Before and after the ship financing factors and compares the model prediction accuracy. |
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