Tsolakis, S D; Cridland, C; Haralambides, H E - In: Maritime Economics and Logistics 5 (2003) 4, pp. 347-377
This paper provides an econometric analysis of second-hand ship prices. It starts with a presentation of previous attempts to model second-hand ship prices and their shortcomings. After that a theoretical Error Correction Model is developed making up for these shortcomings. Its results are...