This study proposes a link between economic development and the shipping markets which can be exploited for forecasting. Market participants anticipate the future and take actions accordingly. The resulting effects are absorbed in structural autoregressive distributed lag models and in factor...

In July, the IMF, the European Commission, and the Asian Development Bank updated their previous world economic development forecasts. In the updated IMF forecast, the global GDP growth rate for 2022 is reduced to 3.2% because of a slowdown in the movement of that indicator in the largest G20...