THE IMPACT OF CROSS-COUNTRY TRADE RELATIONS on THE CONTAGION of GLOBAL FINANCIAL CRISIS: THE CASE OF TURKEY

Fatih ÇEMREK; Hakkı POLAT

doi:https://doi.org/10.18038/estubtda.870391

Makale detayları

THE IMPACT OF CROSS-COUNTRY TRADE RELATIONS on THE CONTAGION of GLOBAL FINANCIAL CRISIS: THE CASE OF TURKEY

Yazarlar:

Fatih ÇEMREK | Hakkı POLAT

Yayıncı:

Eskisehir Technical University

Ana Başlıklar:

Astronomi ve ilgili bilimler

Dergi:

Eskişehir Technical University Journal of Science and Technology A - Applied Sciences and Engineering 2021 Vol.22 Issue 1, pp.85-98

Belge Tipi:

Makale

Yayın Tarihi:

3/2021

Belge Dili:

İngilizce

Document ID (Org No.):

2000416872

pISSN:

2667-4211

DOI:

https://doi.org/10.18038/estubtda.870391

Özet:

 

This study has been written to examine the channels through which the global economic crises spread to the markets of countries with growing economies like Turkey. According to data from the Turkish Statistical Institute (TÜİK), stock market index data of the seven countries with high trade volume (Germany, France, UK, Russia, China, United States of Amerika and Italy) and of the seven countries with low trade volume (Botswana, Gabon, Kenya, Southern Cyprus, Iceland, New Zealand and Jamaica) between 2005 and 2011 was used. With the data used, volatility transfers occurred during the 2007-2008 crisis period were tried to be introduced with the aid of the multivariate GARCH models. As a result of the analyses, it has been determined that trade is an effective channel for transferring volatility.

Makale detayları

THE IMPACT OF CROSS-COUNTRY TRADE RELATIONS on THE CONTAGION of GLOBAL FINANCIAL CRISIS: THE CASE OF TURKEY

Yazarlar: Fatih ÇEMREK | Hakkı POLAT

Yayıncı: Eskisehir Technical University

Ana Başlıklar: Astronomi ve ilgili bilimler

Dergi: Eskişehir Technical University Journal of Science and Technology A - Applied Sciences and Engineering 2021 Vol.22 Issue 1, pp.85-98

Belge Tipi: Makale

Yayın Tarihi: 3/2021

Belge Dili: İngilizce

Document ID (Org No.): 2000416872

pISSN: 2667-4211

DOI: https://doi.org/10.18038/estubtda.870391

Sayı

Yazarlar:

Fatih ÇEMREK | Hakkı POLAT

Yayıncı:

Eskisehir Technical University

Ana Başlıklar:

Astronomi ve ilgili bilimler

Dergi:

Eskişehir Technical University Journal of Science and Technology A - Applied Sciences and Engineering 2021 Vol.22 Issue 1, pp.85-98

Belge Tipi:

Makale

Yayın Tarihi:

3/2021

Belge Dili:

İngilizce

Document ID (Org No.):

2000416872

pISSN:

2667-4211

DOI:

https://doi.org/10.18038/estubtda.870391