Engelen, Steve; Norouzzadeh, Payam; Dullaert, Wout; … - In: Energy Economics 33 (2011) 1, pp. 88-98
We investigate for the first time the spot rate dynamics of Very Large Gas Carriers (VLGCs) by means of multifractal detrended fluctuation analysis (MF-DFA) and rescaled range (R/S) analysis. Both non-parametric methods allow for a rigorous statistical analysis of the freight process by...