标题：ANALYSIS OF INTEGRATION RELATIONSHIP BETWEEN EQUITY MARKETS OF TURKEY AND ITS MAJOR TRADING PARTNERS’: UNIT ROOT AND COINTEGRATION TESTS WITH STRUCTURAL BREAKS
其他标题：TÜRKİYE İLE EN BÜYÜK BEŞ TİCARET ORTAĞININ HİSSE SENEDİ PİYASALARI ARASINDAKİ ENTEGRASYON İLİŞKİSİNİN ANALİZİ: YAPISAL KIRILMALI BİRİM KÖK VE EŞBÜTÜNLEŞME ANALİZİ
期刊名称：Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
印刷版ISSN：1301-3688
电子版ISSN：2630-6409
出版年度：2010
期号：36
页码：261-279
语种：English
出版社：Erciyes University
摘要：In this paper,we analyzed the relationship between Turkey and its major trading partners over the period January 1995-December 2009.Since there are two important crises between these dates which may have influenced these markets and relations between the markets,we use unit root and cointegration tests which allow two structural breaks.The results show that there is not any long run relationship between ISE 100 and FTSE 100,SP 500,AEX which show that investors who invest in ISE 100,should invest in these markets to reduce their risk and increase their return.
其他摘要：Bu çalışmada Türkiye ile beş büyük ticaret ortağının hisse senedi piyasaları arasındaki ilişki Ocak 1995-Aralık 2009 dönemi arasında incelenmiştir.Söz konusu dönem aralığında hem ele alınan piyasaları,hem de bu piyasalar arasındaki ilişkiyi etkileyebilece
