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What is Impact of Russia-Ukraine Conflict on Transport Industry about?

The paper analyzes the impact of the Russia-Ukraine conflict on the transportation industry, highlighting significant short-term negative effects due to fluctuations in crude oil prices. While the transportation industry index experienced volatility initially, it stabilized over time, indicating a delayed response to external shocks. The study employs VAR and ARMA-GARCH models to assess the relationship between crude oil prices and transportation yields, concluding that the conflict has profound implication

Author

yoondwn17

Language

EN