Capacity retirement in the dry bulk market: A vessel based logit model
•We use a panel logit model to estimate the probability of scrapping dry bulk vessels.•There is a positive relation between age and probability of scrapping a vessel.•The relation between vessel size and scrapping probability varies across vessel classes.•Scrapping probability falls with earnings, b...
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Published in | Transportation research. Part E, Logistics and transportation review Vol. 92; pp. 28 - 42 |
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Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
Exeter
Elsevier India Pvt Ltd
01.08.2016
Elsevier Sequoia S.A |
Subjects | |
Online Access | Get full text |
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