Showing 1 - 9 of 9
The aim of this study is to expose the relationships between Istanbul (Turkey), Merval (Argentina) and Bovespa (Brazil) stock exchange markets using monthly data covering the period 1997:03-2007:06. The long term co-movement of the stock exchanges has been tested by cointegration test developed...
Persistent link: https://www.econbiz.de/10012768116
In this study, the relationship between the inflation and the economic growth in Turkey has been examined in the framework of data covering 1987:1-2006:3 periods. The existence of the long term relationship between these two variables has been examined using Bound Test developed by Pesaran et...
Persistent link: https://www.econbiz.de/10012769595
Purpose – The purpose of this paper is to analyze cointegration and causality relationships between spot and futures markets in Turkish foreign-exchange markets. Design/methodology/approach – The research employs Bounds cointegration test and Toda-Yamamoto causality test to detect a possible...
Persistent link: https://www.econbiz.de/10010815068
Bu çalışmada, doğrudan yabancı yatırımlar ile ekonomik büyüme arasındaki nedensellik ilişkisi, dokuz gelişmekte olan ülkenin 1970–2006 yıllarını kapsayan verileri kullanılarak incelenmiştir. Toda Yamamoto (1995) nedensellik analizi uygulanarak elde edilen sonuçlara göre;...
Persistent link: https://www.econbiz.de/10010850365
Bu çalışmada, Türkiye’de ekonomik büyüme ile ihracat ilişkisi 1974-2004 dönemi için incelenmiştir. Kullanılan değişkenlerden ekonomik büyüme I(0) ihracat I(1) olduğu için aralarındaki ilişki Sınır (Bound) Testi yaklaşımı ile araştırılmıştır. Bu yaklaşıma göre...
Persistent link: https://www.econbiz.de/10005784117
Bu çalışmada, hisse senedi fiyatları ile temel makro ekonomik değişkenlerden kabul edilen enflasyon, faiz oranı, döviz kuru ve ekonomik büyüme arasındaki nedensellik ilişkisi Toda Yamamoto (1995) tarafından geliştirilen nedensellik analizi çerçevesinde araştırılmıştır. Test...
Persistent link: https://www.econbiz.de/10005784479
This study aims to explain the factors affecting the profitability among Turkish industrial firms. The determination of the factors which may influance profitability enables firms to work more effectively and to control their profits much easily. For this reason, the top 500 and the second batch...
Persistent link: https://www.econbiz.de/10010840122
This study aims to explain the determinants of capital structure and find out if static trade off or pecking order is more successful in explaining the debt behaviour of industrial firms in Turkey. For this purpose, the data set of largest 500 and following largest 500 industrial firms...
Persistent link: https://www.econbiz.de/10010611343
This paper investigates the relationship between reel macroeconomic variables and stock prices in Turkey. Consumption expenditures, industrial production index, employment level and fixed investments are used as indicators of real economic activity and consumption price index as an indicator of...
Persistent link: https://www.econbiz.de/10010686904