TY  - JOUR
TT  - PAMUK BORSALARINDA OLUŞAN FİYATLARIN ETKİNLİĞİ
AU  - Telatar, ERDİNÇ
AU  - Türkmen, Şadiye
AU  - Teoman, Özgür
PY  - 2016
DA  - July
JF  - Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi
PB  - Dokuz Eylül Üniversitesi
WT  - DergiPark
SN  - 1302-504X
SP  - 55
EP  - 74
VL  - 17
IS  - 2
KW  - Pamuk borsası
KW  - fiyat etkinliği
KW  - eş bütünleşme
N2  - This study investigates the efficiency of cotton prices that formed at stock exchanges. In order to measure the efficiency, the relations between cotton prices in Turkey and international cotton prices have been investigated by the fact that short termed price fluctations can exist because of the nature of agricultural products and prices can not always be determined linearly. In this paper, both linear and non linear cointegration analysis has been implemented. Findings exhibit that there is a relation between the prices form at Turkey and international stock exchanges. In terms of agricultural policy perspective, findings imply that the process of price determination by stock exchanges is more appropriate compared with interventory process in the sense of efficiency in Turkey.
UR  - http://dergipark.org.tr/tr/pub/deuiibfd/issue//242934
L1  - http://dergipark.org.tr/tr/download/article-file/211336
ER  -