EN
TR
THE INTEGRATION OF THE ISTANBUL STOCK EXCHANGE (ISE) TO THE EUROPEAN UNION COUNTRIES STOCK MARKETS
Öz
The aim of this study is to investigate whether the Turkish stock market is integrated or not with the European Union (EU) countries stock markets as a potential candidate for entering the EU. We use Engle-Granger co-integration test to investigate long-run co-integration relations between the Turkish stock market and the EU stock markets. We found long-run co-movements for all the markets indicating limited benefits for portfolio diversification for the EU investors in the Turkish stock market. Also, using a dummy variable, we examine whether integration between the markets increased or decreased during the post-Customs Union (CU) period. The results show increasing co-integration only with the Austrian market among the developed markets of the EU countries and with the Eastern European (EE) markets except Hungary, integration with all the other markets decreased after the passage to the CU.
Anahtar Kelimeler
Ayrıntılar
Birincil Dil
Türkçe
Konular
-
Bölüm
-
Yayımlanma Tarihi
1 Haziran 2006
Gönderilme Tarihi
14 Haziran 2014
Kabul Tarihi
-
Yayımlandığı Sayı
Yıl 2006 Cilt: 7 Sayı: 2
APA
Mandacı, P. E., & Vanchikova, D. (2006). THE INTEGRATION OF THE ISTANBUL STOCK EXCHANGE (ISE) TO THE EUROPEAN UNION COUNTRIES STOCK MARKETS. Dokuz Eylül Üniversitesi İşletme Fakültesi Dergisi, 7(2). https://izlik.org/JA46MH52XZ
AMA
1.Mandacı PE, Vanchikova D. THE INTEGRATION OF THE ISTANBUL STOCK EXCHANGE (ISE) TO THE EUROPEAN UNION COUNTRIES STOCK MARKETS. Dokuz Eylül Üniversitesi İşletme Fakültesi Dergisi. 2006;7(2). https://izlik.org/JA46MH52XZ
Chicago
Mandacı, Pınar Evrim, ve Dezhid Vanchikova. 2006. “THE INTEGRATION OF THE ISTANBUL STOCK EXCHANGE (ISE) TO THE EUROPEAN UNION COUNTRIES STOCK MARKETS”. Dokuz Eylül Üniversitesi İşletme Fakültesi Dergisi 7 (2). https://izlik.org/JA46MH52XZ.
EndNote
Mandacı PE, Vanchikova D (01 Haziran 2006) THE INTEGRATION OF THE ISTANBUL STOCK EXCHANGE (ISE) TO THE EUROPEAN UNION COUNTRIES STOCK MARKETS. Dokuz Eylül Üniversitesi İşletme Fakültesi Dergisi 7 2
IEEE
[1]P. E. Mandacı ve D. Vanchikova, “THE INTEGRATION OF THE ISTANBUL STOCK EXCHANGE (ISE) TO THE EUROPEAN UNION COUNTRIES STOCK MARKETS”, Dokuz Eylül Üniversitesi İşletme Fakültesi Dergisi, c. 7, sy 2, Haz. 2006, [çevrimiçi]. Erişim adresi: https://izlik.org/JA46MH52XZ
ISNAD
Mandacı, Pınar Evrim - Vanchikova, Dezhid. “THE INTEGRATION OF THE ISTANBUL STOCK EXCHANGE (ISE) TO THE EUROPEAN UNION COUNTRIES STOCK MARKETS”. Dokuz Eylül Üniversitesi İşletme Fakültesi Dergisi 7/2 (01 Haziran 2006). https://izlik.org/JA46MH52XZ.
JAMA
1.Mandacı PE, Vanchikova D. THE INTEGRATION OF THE ISTANBUL STOCK EXCHANGE (ISE) TO THE EUROPEAN UNION COUNTRIES STOCK MARKETS. Dokuz Eylül Üniversitesi İşletme Fakültesi Dergisi. 2006;7. Available at https://izlik.org/JA46MH52XZ.
MLA
Mandacı, Pınar Evrim, ve Dezhid Vanchikova. “THE INTEGRATION OF THE ISTANBUL STOCK EXCHANGE (ISE) TO THE EUROPEAN UNION COUNTRIES STOCK MARKETS”. Dokuz Eylül Üniversitesi İşletme Fakültesi Dergisi, c. 7, sy 2, Haziran 2006, https://izlik.org/JA46MH52XZ.
Vancouver
1.Pınar Evrim Mandacı, Dezhid Vanchikova. THE INTEGRATION OF THE ISTANBUL STOCK EXCHANGE (ISE) TO THE EUROPEAN UNION COUNTRIES STOCK MARKETS. Dokuz Eylül Üniversitesi İşletme Fakültesi Dergisi [Internet]. 01 Haziran 2006;7(2). Erişim adresi: https://izlik.org/JA46MH52XZ