Price and Volume Dynamics in Second-Hand Ship Market Based on VAR-GARCH Mode

@article{Wong2015PriceAV,
  title={Price and Volume Dynamics in Second-Hand Ship Market Based on VAR-GARCH Mode},
  author={Chin Piow Wong and Jin Peng Liang and Jie Wang},
  journal={2015 Fifth International Conference on Instrumentation and Measurement, Computer, Communication and Control (IMCCC)},
  year={2015},
  pages={346-351}
}
To investigate the relationship between trading volume and prices volatility in second-hand ship total markets, bulk ship, tanker and containership market, regression, VAR and EGARCH model are constructed to analyze the contemporaneous relationships, lead-lag relationships and returns volatility-volume dynamics. The positive contemporaneous relationships are identified in the four second-ship market, all the four second-hand ship markets have unilateral causality between trading volume and… CONTINUE READING

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