---
title: "Baltic Dry Index: research papers using this data"
description: "From Nov 2023 to Oct 2026, 43 archived papers mentioned Baltic Dry Index in their title, abstract or keywords (the search of earlier months' full texts is still under way), most of them in Aug 2026 (4)."
url: https://scholar4ai.com/datasets/baltic-dry-index
markdown_url: https://scholar4ai.com/datasets/baltic-dry-index.md
license: CC BY-NC 4.0 (https://creativecommons.org/licenses/by-nc/4.0/)
share_text: "From Nov 2023 to Oct 2026, 43 archived papers mentioned Baltic Dry Index in their title, abstract or keywords (the search of earlier months' full texts is still under way), most of them in Aug 2026 (4). (as of 2026-11-05)"
data_url: https://scholar4ai.com/data/rankings.json
updated: 2026-11-05T06:02:37+09:00
window: 2026-10-07 to 2026-11-05
source: OpenAlex (CC0)
---

# Baltic Dry Index

[Browse dataset profiles](https://scholar4ai.com/datasets/directory.md)

Vessel and flight tracking, freight rate indices and data on firms' supplier and customer links.

- data category: Shipping, logistics and supply chain data
- 1 paper in the last 7 days
- Names searched for: Baltic Dry Index, Baltic Exchange Dry Index

Most-used data: https://scholar4ai.com/rankings/datasets.md · All Shipping, logistics and supply chain data datasets: https://scholar4ai.com/datasets/shipping-logistics-and-supply-chain-data.md



## Key findings

- From Nov 2023 to Oct 2026, 43 archived papers mentioned Baltic Dry Index in their title, abstract or keywords (the search of earlier months' full texts is still under way), most of them in Aug 2026 (4).
- Baltic Dry Index was mentioned in 1 paper in the last 30 days (2026-10-07 to 2026-11-05), ranking #165 of the 246 datasets mentioned.
- By journal category: Finance (1).
- Most of them appeared in Financial Innovation (1).
- From 2017 to 2026 (so far), Baltic Dry Index was mentioned in 60 papers in the tracked journals, most of them in economics (27), finance (22) and operations research (8).
- 16 of them were published in 2025, against 1 in 2017.
- Since 2023, the institutions with the most of these papers were Dalian Maritime University (4), National and Kapodistrian University of Athens (4) and Brunel University of London (3).
- The journals publishing most of them were Maritime Economics & Logistics (6), Annals of Operations Research (3) and Research in International Business and Finance (3).
- The most-cited of them is “Shipping costs and inflation” (Journal of International Money and Finance, 2022), with 118 citations.
- Papers use Baltic Dry Index most often with Economic Policy Uncertainty index (16), WTI crude oil (11) and S&P 500 (10); it has 13 partners in the code and data network, in the group around S&P 500, Economic Policy…, Compustat.

## Mentions over 36 months

*Papers mentioning it by publication month, Nov 2023 to Oct 2026 (titles, abstracts and keywords; the full texts of earlier months are still being searched)*

| Trend | Nov 23–Oct 24 | Nov 24–Oct 25 | Nov 25–Oct 26 | 36 months |
|---|---:|---:|---:|---:|
|  | 13 | 17 | 13 | 43 |

## Papers per year

*Papers per publication year and category*

| Category | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (so far) |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| [Economics](https://scholar4ai.com/categories/economics.md) | 1 | 0 | 0 | 0 | 3 | 1 | 3 | 4 | 8 | 7 |
| [Finance](https://scholar4ai.com/categories/finance.md) | 0 | 0 | 3 | 0 | 1 | 3 | 0 | 5 | 5 | 5 |
| [Operations Research](https://scholar4ai.com/categories/operations-research.md) | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 3 | 2 | 1 |
| [AI](https://scholar4ai.com/categories/ai.md) | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 |
| [Management](https://scholar4ai.com/categories/management.md) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| All categories | 1 | 0 | 4 | 2 | 4 | 4 | 3 | 13 | 16 | 13 |

## Where the papers come from

*Journals with the most papers, since 2023*

| # | Journal | Papers |
|---:|---|---:|
| 1 | [Maritime Economics & Logistics](https://scholar4ai.com/journals/maritime-economics-logistics.md) | 6 |
| 2 | [Annals of Operations Research](https://scholar4ai.com/journals/annals-of-operations-research.md) | 3 |
| 3 | [Research in International Business and Finance](https://scholar4ai.com/journals/research-in-international-business-and-finance.md) | 3 |
| 4 | [Research in Transportation Economics](https://scholar4ai.com/journals/research-in-transportation-economics.md) | 3 |
| 5 | [International Review of Economics & Finance](https://scholar4ai.com/journals/international-review-of-economics-finance.md) | 3 |
| 6 | [Energy Economics](https://scholar4ai.com/journals/energy-economics.md) | 2 |
| 7 | [Journal of International Money and Finance](https://scholar4ai.com/journals/journal-of-international-money-and-finance.md) | 2 |
| 8 | [Transport Policy](https://scholar4ai.com/journals/transport-policy.md) | 2 |
| 9 | [The North American Journal of Economics and Finance](https://scholar4ai.com/journals/the-north-american-journal-of-economics-and-finance.md) | 2 |
| 10 | [Transportation Research Part E Logistics and Transportation Review](https://scholar4ai.com/journals/transportation-research-part-e-logistics-and-transportation-review.md) | 2 |

*Institutions with the most papers, since 2023*

| # | Institution | Papers |
|---:|---|---:|
| 1 | [Dalian Maritime University](https://scholar4ai.com/institutions/dalian-maritime-university.md) | 4 |
| 2 | National and Kapodistrian University of Athens | 4 |
| 3 | [Brunel University of London](https://scholar4ai.com/institutions/brunel-university-of-london.md) | 3 |
| 4 | Bursa Technical University | 2 |
| 5 | [Chinese Academy of Sciences](https://scholar4ai.com/institutions/chinese-academy-of-sciences.md) | 2 |
| 6 | Chung-Ang University | 2 |
| 7 | Dalian Institute of Chemical Physics | 2 |
| 8 | Edinburgh Napier University | 2 |
| 9 | [Kyung Hee University](https://scholar4ai.com/institutions/kyung-hee-university.md) | 2 |
| 10 | LSU New Orleans | 2 |

*Countries with the most papers, since 2023*

| # | Country | Papers |
|---:|---|---:|
| 1 | China | 15 |
| 2 | United Kingdom | 10 |
| 3 | Turkey | 8 |
| 4 | Greece | 6 |
| 5 | United States | 6 |
| 6 | South Korea | 4 |
| 7 | Australia | 2 |
| 8 | Cyprus | 2 |
| 9 | Ghana | 2 |
| 10 | Saudi Arabia | 2 |

*Keywords with the most papers, since 2023*

| # | Keyword | Papers |
|---:|---|---:|
| 1 | Baltic Dry Index | 21 |
| 2 | [COVID-19 pandemic](https://scholar4ai.com/keywords/covid-19-pandemic.md) | 13 |
| 3 | dry bulk shipping | 8 |
| 4 | freight rates | 7 |
| 5 | [oil prices](https://scholar4ai.com/keywords/oil-prices.md) | 6 |
| 6 | commodity markets | 5 |
| 7 | container shipping | 5 |
| 8 | [portfolio diversification](https://scholar4ai.com/keywords/portfolio-diversification.md) | 4 |
| 9 | [spillover effects](https://scholar4ai.com/keywords/spillover-effects.md) | 4 |
| 10 | tanker shipping | 4 |

## Most-cited papers

*Most-cited papers since 2017*

| # | Citations | Per month | Title | Journal | Published | Authors |
|---:|---:|---:|---|---|---|---|
| 1 | 118 | 2.5 | [Shipping costs and inflation](https://doi.org/10.1016/j.jimonfin.2022.102771) | [Journal of International Money and Finance](https://scholar4ai.com/journals/journal-of-international-money-and-finance.md) | 2022-11-17 | Yan Carrière‐Swallow, Pragyan Deb, Davide Furceri et al. |
| 2 | 108 | 1.2 | [Does the Baltic Dry Index drive volatility spillovers in the commodities, currency, or stock markets?](https://doi.org/10.1016/j.tre.2019.05.013) | [Transportation Research Part E Logistics and Transportation Review](https://scholar4ai.com/journals/transportation-research-part-e-logistics-and-transportation-review.md) | 2019-05-29 | Arthur Jing Lin, Hai Yen Chang, Jung‐Lieh Hsiao |
| 3 | 75 | 1.3 | [COVID–19 impact on the shipping industry: An event study approach](https://doi.org/10.1016/j.tranpol.2021.11.016) | [Transport Policy](https://scholar4ai.com/journals/transport-policy.md) | 2021-11-24 | Dimitris Gavalas, Theodoros Syriopoulos, Michael Tsatsaronis |
| 4 | 67 | 0.9 | [Optimal selection of heterogeneous ensemble strategies of time series forecasting with multi-objective programming](https://doi.org/10.1016/j.eswa.2020.114091) | [Expert Systems with Applications](https://scholar4ai.com/journals/expert-systems-with-applications.md) | 2020-10-09 | Jianping Li, Jun Hao, Qianqian Feng et al. |
| 5 | 61 | 1.3 | [Dynamic volatility contagion across the Baltic dry index, iron ore price and crude oil price under the COVID-19: A copula-VAR-BEKK-GARCH-X approach](https://doi.org/10.1016/j.resourpol.2023.103296) | [Resources Policy](https://scholar4ai.com/journals/resources-policy.md) | 2023-01-06 | Yufeng Chen, Jing Xu, Jiafeng Miao |

## Used together with

Papers use Baltic Dry Index most often with Economic Policy Uncertainty index (16), WTI crude oil (11) and S&P 500 (10); it has 13 partners in the code and data network, in the group around S&P 500, Economic Policy…, Compustat.

*What papers use Baltic Dry Index together with (at least 3 papers; lift 1 = chance)*

| Used with | Type | Papers using both | Lift |
|---|---|---:|---:|
| [Economic Policy Uncertainty index](https://scholar4ai.com/datasets/economic-policy-uncertainty-index.md) | Dataset | 16 | 5.2 |
| [WTI crude oil](https://scholar4ai.com/datasets/wti-crude-oil.md) | Dataset | 11 | 13.3 |
| [S&P 500](https://scholar4ai.com/datasets/s-p-500.md) | Dataset | 10 | 3.4 |
| [Brent crude oil](https://scholar4ai.com/datasets/brent-crude-oil.md) | Dataset | 8 | 14.4 |
| [VIX](https://scholar4ai.com/datasets/vix.md) | Dataset | 6 | 4.9 |
| [Geopolitical Risk index](https://scholar4ai.com/datasets/geopolitical-risk-index.md) | Dataset | 5 | 16.4 |
| [Marketization index (Fan Gang)](https://scholar4ai.com/datasets/marketization-index-fan-gang.md) | Dataset | 5 | 5.8 |
| [Refinitiv Eikon / LSEG Workspace](https://scholar4ai.com/datasets/refinitiv-eikon-lseg-workspace.md) | Dataset | 5 | 10.3 |
| [Global Supply Chain Pressure Index](https://scholar4ai.com/datasets/global-supply-chain-pressure-index.md) | Dataset | 4 | 184.5 |
| [Google Trends](https://scholar4ai.com/datasets/google-trends.md) | Dataset | 4 | 4.8 |
| [MSCI indices](https://scholar4ai.com/datasets/msci-indices.md) | Dataset | 3 | 13.0 |
| [Refinitiv Datastream](https://scholar4ai.com/datasets/refinitiv-datastream.md) | Dataset | 3 | 6.3 |

The whole network: https://scholar4ai.com/code/network.md

## Papers

*Papers mentioning Baltic Dry Index in the last 30 days, newest first.*

| Date | Title | Journal | Authors | Affiliations |
|---|---|---|---|---|
| 2026-10-30 | [Commodity markets in flux: examining asymmetric interconnectedness across global crises](https://doi.org/10.1186/s40854-026-00982-1) | [Financial Innovation](https://scholar4ai.com/journals/financial-innovation.md) | Hasan Murat Ertuğrul, Onur Polat, Burcu YÜRÜK et al. | Anadolu University; Hacettepe University; Usak University |

## Cite this page

Scholar4AI. (2026). Baltic Dry Index. Journal and Conference Research Rankings. Retrieved November 5, 2026, from https://scholar4ai.com/datasets/baltic-dry-index

```bibtex
@misc{scholar4ai-datasets-baltic-dry-index,
  author = {{Scholar4AI}},
  title = {Baltic Dry Index},
  year = {2026},
  howpublished = {\url{https://scholar4ai.com/datasets/baltic-dry-index}},
  urldate = {2026-11-05},
  note = {Journal and Conference Research Rankings; data from OpenAlex (CC0); licensed CC BY-NC 4.0}
}
```

License: CC BY-NC 4.0 (https://creativecommons.org/licenses/by-nc/4.0/).