| Yazarlar (2) |
Oruç Orhan
|
Doç. Dr. Yüksel İLTAŞ
Kırşehir Ahi Evran Üniversitesi, Türkiye |
| Özet |
| The purpose of this study is to investigate the possible causal relationship between the BIST100 index and BIST100 trading volume using daily frequency data for the period 2017: 01-2021: 12. The causality relationship between the series, determined to be non-stationary at level values using the RALS-LM unit root tests by Meng et al.(2014) and Meng, Lee, and Payne (2017), was analyzed using the frequency domain causality test by Breitung and Candelon (2006). The findings reveal a causal relationship from stock prices to trading volume at the 1% and 5% statistical significance levels in the long and medium term. However, no causal relationship was found from trading volume to stock prices in the long and medium term. Nevertheless, there is a causal relationship from trading volume to stock prices in the short term. |
| Anahtar Kelimeler |
| Makale Türü | Özgün Makale |
| Makale Alt Türü | Diğer hakemli uluslarası dergilerde yayınlanan tam makale |
| Dergi Adı | Ahi Evran Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi |
| Dergi ISSN | 2618-6217 |
| Dergi Tarandığı Indeksler | Asos, indexcopernicus |
| Makale Dili | Türkçe |
| Basım Tarihi | 06-2024 |
| Cilt No | 8 |
| Sayı | 1 |
| Sayfalar | 29 / 41 |
| Makale Linki | https://dergipark.org.tr/tr/pub/aeuiibfd/issue/85530/1483696 |
