An Empirical Analysis of the Impact of the Change of LIBOR on the Volume of Global Seaborne Trade and the Growth of World Gross Domestic Product -Cointegration and Causal Nexuses

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Duc Cong VU
Duc Cong VU
2
Kihwan LEE
Kihwan LEE
3
Hoang Long VU
Hoang Long VU
1 Ocean University (KMOU)

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An Empirical Analysis of the Impact of the Change of LIBOR on the Volume of Global Seaborne Trade and the Growth of World Gross Domestic Product -Cointegration and Causal Nexuses Banner
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Ship finance (SF), global seaborne trade (WST), world gross domestic product (WGDP) and, the London Interbank Offered Rate (LIBOR) really are the fascinating issues to the ship owners, financial institutes, bankers, banking risk managers and, maritime researchers. The remarkable developments of global shipbuilding and sea transportation are important and significantly created more productivities and businesses to the world economy today compared to last 20 th century, special in the containerization, oil tankers, liquefied petroleum gas (LPG), liquefied natural gas (LNG), dry bulk carriers and others. The ship investors normally require the large amount of capital and always seek for the suitable financial sources.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Duc Cong VU. 2016. \u201cAn Empirical Analysis of the Impact of the Change of LIBOR on the Volume of Global Seaborne Trade and the Growth of World Gross Domestic Product -Cointegration and Causal Nexuses\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 16 (GJMBR Volume 16 Issue B3): .

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GJMBR Volume 16 Issue B3
Pg. 65- 75
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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April 6, 2016

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Ship finance (SF), global seaborne trade (WST), world gross domestic product (WGDP) and, the London Interbank Offered Rate (LIBOR) really are the fascinating issues to the ship owners, financial institutes, bankers, banking risk managers and, maritime researchers. The remarkable developments of global shipbuilding and sea transportation are important and significantly created more productivities and businesses to the world economy today compared to last 20 th century, special in the containerization, oil tankers, liquefied petroleum gas (LPG), liquefied natural gas (LNG), dry bulk carriers and others. The ship investors normally require the large amount of capital and always seek for the suitable financial sources.

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An Empirical Analysis of the Impact of the Change of LIBOR on the Volume of Global Seaborne Trade and the Growth of World Gross Domestic Product -Cointegration and Causal Nexuses

Duc Cong VU
Duc Cong VU Ocean University (KMOU)
Kihwan LEE
Kihwan LEE
Hoang Long VU
Hoang Long VU

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