{"id":3459,"date":"2019-06-02T21:15:10","date_gmt":"2019-06-02T19:15:10","guid":{"rendered":"http:\/\/www.rsijournal.eu\/?p=3459"},"modified":"2019-06-01T09:20:00","modified_gmt":"2019-06-01T07:20:00","slug":"bdi%e2%80%99s-correlation-with-leading-economic-indicators","status":"publish","type":"post","link":"https:\/\/rsijournal.eu\/?p=3459","title":{"rendered":"BDI\u2019s CORRELATION WITH LEADING ECONOMIC INDICATORS"},"content":{"rendered":"<h2><strong>Theodore PELAGIDIS<\/strong><\/h2>\n<h3>Professor, University  of Piraeus &amp; NR Senior Fellow, Brookings Institution, US. 21, Lambraki Ave.,GR-18533<\/h3>\n<h3>pelagidi@unipi.gr<\/h3>\n<h2>Evgenia TSAHALI<\/h2>\n<h3>University of Piraeus,<\/h3>\n<h3>evgtsahali@yahoo.gr<\/h3>\n<p><strong>Abstract<\/strong><\/p>\n<p>The aim of this paper is to investigate the correlation between the Baltic Dry Index (BDI) and certain leading economic indicators. We follow a different path than the existing literature follows. In particular, using a multi-linear regression method and defining the BDI index as a dependent variable, we seek to determine the multiple relations of the independent variables regarding the BDI value. We are looking at whether the BDI is a representative indicator not only for the shipping industry itself, but also for the whole economic and financial environment in which the shipping industry operates.<\/p>\n<p><strong>Keywords:<\/strong> Transportation Economics, General Financial Markets, Financial Securities<\/p>\n<p><strong>JEL classification: <\/strong>R4, R42, G1<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Theodore PELAGIDIS Professor, University of Piraeus &amp; NR Senior Fellow, Brookings Institution, US. 21, Lambraki Ave.,GR-18533 pelagidi@unipi.gr Evgenia TSAHALI University of Piraeus, evgtsahali@yahoo.gr Abstract The aim of this paper is to investigate the correlation between the Baltic Dry Index (BDI) and certain leading economic indicators. We follow a different path than the existing literature follows.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[181],"tags":[558,561,557,559,560,603],"class_list":["post-3459","post","type-post","status-publish","format-standard","hentry","category-published","tag-financial-securities","tag-g1","tag-general-financial-markets","tag-r4","tag-r42","tag-transportation-economics"],"_links":{"self":[{"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/posts\/3459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3459"}],"version-history":[{"count":3,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/posts\/3459\/revisions"}],"predecessor-version":[{"id":3469,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=\/wp\/v2\/posts\/3459\/revisions\/3469"}],"wp:attachment":[{"href":"https:\/\/rsijournal.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rsijournal.eu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}