| Yazarlar (2) |
Doç. Dr. Fatih GÜZEL
Kırşehir Ahi Evran Üniversitesi, Türkiye |
Melek Acar
Selçuk Üniversitesi, Türkiye |
| Özet |
| Turkey is a rapidly developing country. Although the number of countries in Turkey's trading range is increasing, certain countries constitute the major part of the foreign trade volume. The aim of the study is to investigate the economic relationship between Turkey and the important foreign trade partners (Germany, Russia, China, Italy, USA, England, France, Spain, Iran and Iraq). More than 50% of Turkey's foreign trade volume is generated by these countries. Since they are accepted as an indicator of the general economy, stock market indices were chosen as variables. For the determination of the economic relationship, stock exchanges’ index values from 2010: M1 to 2019: M5 period were used. For the analysis, Autoregressive Distributed Lag (ARDL) bound test and Toda-Yamamoto causality test were used. According to the cointegration test results, there is a statistically significant long run relationship between Turkey with England, France, Germany and USA. According to Toda-Yamamoto causality test results, unilateral causality relation was found from Germany, Russia, USA, Spain and France to Turkey. The results were interpreted in the perspective of modern portfolio theory. |
| Anahtar Kelimeler |
| Bildiri Türü | Tebliğ/Bildiri |
| Bildiri Alt Türü | Tam Metin Olarak Yayınlanan Tebliğ (Uluslararası Kongre/Sempozyum) |
| Bildiri Niteliği | Alanında Hakemli Uluslararası Kongre/Sempozyum |
| Bildiri Dili | İngilizce |
| Kongre Adı | 4th International Conference on Economics Business Management and Social Sciences |
| Kongre Tarihi | 04-09-2019 / 08-09-2019 |
| Basıldığı Ülke | Macaristan |
| Basıldığı Şehir | Budapeşte |
