Quotation Schramm, Hans-Joachim, Nowinska, Agnieszka. 2020. Changing Dynamics of Dyads in Times of Uncertainty: Container Shipping Industry and the Financial Crisis. 17th CEMS Research Seminar on Supply Chain Management, Riezlern, Österreich, 22.01-25.01.


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Abstract

Research has unveiled prominent mechanisms such as proximity and past interactions (repeated ties) as drivers of tie formation. However, accounting for a dynamic nature of networks, scholars have been flagging dynamics of network change as important field of research. Accordingly, we investigate how the importance of repetition and geographical proximity change over time. To this end, we collected data from various sources to raise a sample of more than 10,000 chartering and sales deals closed between counterparties providing vessels to others, in need of thereof, in the container shipping industry from 2000 to 2018. We further implement a quasi-experimental approach to compare the importance of mentioned mechanisms under conditions of increased uncertainty, such as before and after the financial crisis of 2008. We find that repeated ties are increasingly important under uncertainty.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Paper presented at an academic conference or symposium
Language English
Title Changing Dynamics of Dyads in Times of Uncertainty: Container Shipping Industry and the Financial Crisis
Event 17th CEMS Research Seminar on Supply Chain Management
Year 2020
Date 22.01-25.01.
Country Austria
Location Riezlern
URL https://www.wiso.uni-koeln.de/de/fakultaet/fakultaetsbereiche/supply-chain-management/cems-seminar-riezlern/

Associations

People
Schramm, Hans-Joachim (Details)
External
Nowinska, Agnieszka (Copenhagen Business School, Denmark)
Organization
Global Business and Trade DP (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
5300 Economics (Details)
5332 Transport economics (Details)
5336 Commodity science (Details)
5337 World trade science (Details)
5344 Foreign trade (Details)
5354 Business logistics (Details)
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