This paper attempts an investigation on the impact of Chinas factor on the global commodity and ocean shipping freight volatilities in recent years. It measures Chinas contribution to the incremental demand growth for selected bulk commodities and ocean shipping in the world. Chinas impact on the price volatilities is statistically analyzed through a conventional econometric framework.
Chinaâ€™s Factor in Recent Global Commodity Price and Shipping Freight Volatilities
No. E2009007 2009-12