Please use this identifier to cite or link to this item:
DC FieldValueLanguage
dc.contributor.authorKou Yen_US
dc.contributor.authorLiu, Len_US
dc.contributor.authorTian, Xen_US
dc.identifier.citationAsian journal of shipping and logistics, 2011, v. 27, no. 2, p. 259-278en_US
dc.description.abstractWe apply intervention analysis to examine the impact of the financial tsunami on container throughputs for Hong Kong port quantitatively. Evidences from ARIMA-intervention model show that the real impact of the financial tsunami on Hong Kong port happened earlier than the observable fall in the throughput data, namely significant impact started around May 2008, while the forecasting model with considering financial tsunami from Sept. 2008 to Oct. 2009 is superior. VAR-intervention analysis is employed to compare the Hong Kong and Shenzhen ports. Our findings suggest that Shenzhen port is more sensitive to the financial tsunami than Hong Kong port, showing an earlier and deeper impact. Their relationship also changed after the financial tsunami, namely Hong Kong and Shenzhen ports become less dependent on each other. These findings remind us that, when considering the impact of the financial tsunami on port, one should not casually choose a starting time point based on the visual observation from the data because there is a time delay between the real impact on container throughput and its manifestation in the throughput data series.en_US
dc.description.sponsorshipDepartment of Logistics and Maritime Studiesen_US
dc.publisherKorean Association of Shipping and Logisticsen_US
dc.relation.ispartofAsian journal of shipping and logisticsen_US
dc.subjectContainer throughputen_US
dc.subjectFinancial tsunamien_US
dc.subjectHong Kong porten_US
dc.subjectIntervention analysisen_US
dc.titleThe impact of the financial tsunami on Hong Kong porten_US
dc.typeJournal/Magazine Articleen_US
dc.description.validate201812 bcrc-
Appears in Collections:Journal/Magazine Article
View full-text via PolyU eLinks SFX Query
Show simple item record

Page view(s)

Citations as of Feb 18, 2019

Google ScholarTM



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.