Zaklan, Aleksandar; Cullmann, Astrid; Neumann, Anne; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
In this paper, we provide a comprehensive multivariate cointegration analysis of three parts of the steam coal value … particular, we combine data on steam coal prices with freight rates, covering the period December 2001 until August 2009 at … weekly frequency. We then test whether the demand and supply side components of steam coal trade are consistently integrated …