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Covid-19 Salgınının BIST-100 Endeksi Üzerindeki Etkisi: Türkiye Özelinde Ampirik Bir Araştırma

Year 2021, , 815 - 822, 31.12.2021
https://doi.org/10.31590/ejosat.981801

Abstract

2019 yılının Aralık ayında Çin’in Hubei eyaleti Wuhan kentinde ilk olarak görülen ve daha sonra bütün dünyaya hızla yayılan Covid-19 salgını, ülkelerin sağlık hizmetlerinin yanı sıra sosyal ve ekonomik yapılarını da ciddi anlamda tehdit etmektedir. Bu çalışmada, Covid-19 süresince BIST-100 endeksinin performansı FMOLS ve DOLS yöntemleri kullanılarak analiz edilmiştir. Elde edilen sonuçlar, COVID-19’un BIST-100 endeksi üzerinde olumsuz etkisi olduğu göstermektedir. Buna göre hasta sayısı bir birim arttığında BIST-100 endeksi 0,04 birim değer kaybetmektedir

References

  • Abiad, A., Arao, Mia., Dagli, S., Ferrarini, B., Noy, I., Osewe, P., Pagaduan, J., Park, D. ve Platitas, R. (2020). The Economic Impact of the COVID-19 Outbreak on Developing Asia. ADB Brief, No: 128.
  • Anh, D. L. T. Ve Gan, C. (2020), The impact of the COVID-19 lockdown on stock market performance: evidence from Vietnam. Journal of Economic Studies.
  • Economist Intelligence Unit (2020). How Well Have OECD Countries Responded To The Coronavirus Crisis?. https://www.eiu.com/public/ topical_report.aspx?campaignid=response-covid-rank (Erişim: 15.01.2021)︎︎︎ ︎︎︎︎︎︎ ︎︎︎︎︎︎︎︎ Eichenbaum, M., Rebelo, S. ve Trabandt M. (2020). The Trade-Off Between Economic and Health Outcomes of the Covid-19 Epidemic. https://voxeu.org/ article/trade-between-economic-and-health-outcomes-covid-19-epidemic ︎︎︎︎︎︎(Erişim: 11.01.2021)
  • Eurostat (2021). Impact of Covid-19 Crisis On Industrial Production. https:// ec.europa.eu/eurostat/statistics-explained/index.php/ Impact_of_Covid-19_crisis_on_industrial_production (Erişim: 06.01.2021)
  • He, Q., Liu, J., Wang, S. ve Yu, J. (2020). The Impact of Covid-19 on Stock Markets. Economic and Political Studies, 8(3), 275-288.
  • Investing (2021). BIST 100. https://tr.investing.com/indices/ise-100 (Erişim 22.02.2021)
  • König, M. ve Winkler A. (2020). Covid-19 and Economic Growth: Does Good Government Performance Pay Off?. Intereconomics, 55, 224-231.
  • OECD (2020). Global Economy Faces Gravest Threat Since the Crisis as Coronavirus Spreads. https://www.oecd.org/economy/global-economy-faces- gravest-threat-since-the-crisis-as-coronavirus-spreads.htm (Erişim: 25.12.2020)
  • OECD (2021). Data. https://data.oecd.org (Erişim: 20.12.2020)
  • Özdemir, L. (2020). Covid-19 Pandemisinin BIST SEktör Endeksleri Üzerine Etkisi. Finans Ekonomi ve Sosyal Araştırmalar Dergisi, 5(3), 546-556.
  • Öztürk, Ö., Şişman, M. Y., Uslu, H. ve Çıtak, F. (2020). Effects of Covid-19 Outbreak on Turkish Stock Market: A Sectoral-Level Analysis. Hitit Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 13(1), 56-86.
  • T.C. Sağlık Bakanlığı (2021). Genel Koronavirüs Tablosu. https://covid19.saglik.gov.tr/TR-66935/genel-koronavirus-tablosu.html (Erişim: 22.01.2021)
  • Topçu, M. ve Gülal, Ö. S. (2020). The Impact of Covid-19 on Emerging Stock Markets. Finance Research Letters, 36.
  • UNCTAD (2020). Impact Of The Covid-19 Pandemic On Trade And Development, New York: United Nations Publications.
  • World Bank (2020). Global Economic Prospects, Washington: International Bank for Reconstruction and Development.
  • World Health Organization (2021). Coronavirus Disease (Covid-19) Dashboard. https://covid19.who.int/table (Erişim: 10.01.2021)

THE EFFECT OF THE COVID-19 EPIDEMIC ON BIST-100 INDEX: AN EMPIRICAL RESEARCH SPECIAL IN TURKEY

Year 2021, , 815 - 822, 31.12.2021
https://doi.org/10.31590/ejosat.981801

Abstract

The Covid-19 epidemic, which was first seen in Wuhan, China's Hubei province in December 2019 and then spread rapidly all over the world, seriously threatens the social and economic structures of countries as well as health services. In this study, the performance of the BIST-100 index during Covid-19 was analyzed using FMOLS and DOLS methods. The results obtained show that COVID-19 has a negative effect on the BIST-100 index. Accordingly, when the number of patients increases by one unit, the BIST-100 index loses 0.04 units.

References

  • Abiad, A., Arao, Mia., Dagli, S., Ferrarini, B., Noy, I., Osewe, P., Pagaduan, J., Park, D. ve Platitas, R. (2020). The Economic Impact of the COVID-19 Outbreak on Developing Asia. ADB Brief, No: 128.
  • Anh, D. L. T. Ve Gan, C. (2020), The impact of the COVID-19 lockdown on stock market performance: evidence from Vietnam. Journal of Economic Studies.
  • Economist Intelligence Unit (2020). How Well Have OECD Countries Responded To The Coronavirus Crisis?. https://www.eiu.com/public/ topical_report.aspx?campaignid=response-covid-rank (Erişim: 15.01.2021)︎︎︎ ︎︎︎︎︎︎ ︎︎︎︎︎︎︎︎ Eichenbaum, M., Rebelo, S. ve Trabandt M. (2020). The Trade-Off Between Economic and Health Outcomes of the Covid-19 Epidemic. https://voxeu.org/ article/trade-between-economic-and-health-outcomes-covid-19-epidemic ︎︎︎︎︎︎(Erişim: 11.01.2021)
  • Eurostat (2021). Impact of Covid-19 Crisis On Industrial Production. https:// ec.europa.eu/eurostat/statistics-explained/index.php/ Impact_of_Covid-19_crisis_on_industrial_production (Erişim: 06.01.2021)
  • He, Q., Liu, J., Wang, S. ve Yu, J. (2020). The Impact of Covid-19 on Stock Markets. Economic and Political Studies, 8(3), 275-288.
  • Investing (2021). BIST 100. https://tr.investing.com/indices/ise-100 (Erişim 22.02.2021)
  • König, M. ve Winkler A. (2020). Covid-19 and Economic Growth: Does Good Government Performance Pay Off?. Intereconomics, 55, 224-231.
  • OECD (2020). Global Economy Faces Gravest Threat Since the Crisis as Coronavirus Spreads. https://www.oecd.org/economy/global-economy-faces- gravest-threat-since-the-crisis-as-coronavirus-spreads.htm (Erişim: 25.12.2020)
  • OECD (2021). Data. https://data.oecd.org (Erişim: 20.12.2020)
  • Özdemir, L. (2020). Covid-19 Pandemisinin BIST SEktör Endeksleri Üzerine Etkisi. Finans Ekonomi ve Sosyal Araştırmalar Dergisi, 5(3), 546-556.
  • Öztürk, Ö., Şişman, M. Y., Uslu, H. ve Çıtak, F. (2020). Effects of Covid-19 Outbreak on Turkish Stock Market: A Sectoral-Level Analysis. Hitit Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 13(1), 56-86.
  • T.C. Sağlık Bakanlığı (2021). Genel Koronavirüs Tablosu. https://covid19.saglik.gov.tr/TR-66935/genel-koronavirus-tablosu.html (Erişim: 22.01.2021)
  • Topçu, M. ve Gülal, Ö. S. (2020). The Impact of Covid-19 on Emerging Stock Markets. Finance Research Letters, 36.
  • UNCTAD (2020). Impact Of The Covid-19 Pandemic On Trade And Development, New York: United Nations Publications.
  • World Bank (2020). Global Economic Prospects, Washington: International Bank for Reconstruction and Development.
  • World Health Organization (2021). Coronavirus Disease (Covid-19) Dashboard. https://covid19.who.int/table (Erişim: 10.01.2021)
There are 16 citations in total.

Details

Primary Language Turkish
Subjects Engineering
Journal Section Articles
Authors

Mustafa Kartal 0000-0002-5404-5365

Publication Date December 31, 2021
Published in Issue Year 2021

Cite

APA Kartal, M. (2021). Covid-19 Salgınının BIST-100 Endeksi Üzerindeki Etkisi: Türkiye Özelinde Ampirik Bir Araştırma. Avrupa Bilim Ve Teknoloji Dergisi(31), 815-822. https://doi.org/10.31590/ejosat.981801