The Dynamic Impacts of the Global Shipping Market under the Background of Oil Price Fluctuations and Emergencies

Table 3

Variance decomposition of SSE.

Period	SSE	GDP	Brent	BDI
1	92.0898	0.0000	2.8734	5.0368
2	86.3341	0.3192	2.0115	11.3352
3	81.7636	0.7420	6.8049	10.6895
4	77.2484	2.6126	10.6633	9.4758
5	73.8604	5.3409	11.8618	8.9369
6	72.2636	7.2789	11.6972	8.7603
7	71.6974	7.8701	11.8249	8.6076
8	71.2704	7.7403	12.5623	8.4270
9	70.7282	7.6774	13.3012	8.2912
10	70.2546	7.8582	13.6581	8.2291