Abstract
ABSTRACT In this study, we propose an early warning system for the shipping industry in Korea using two approaches. The signal approach and the logit model are used to develop a comprehensive monitoring system. An early warning index based on the signal approach is constructed with 12 indicators. The index shows high accuracy in predicting crises. The logit model is then adopted to enhance the performance of the early warning system. The results of this study show that the complementary use of these two methods can establish an efficient market monitoring system.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
