Year 2019, Volume 5, Issue 1, Pages 101 - 113 2019-03-25

Volatility Spillover from Global Container Freight Indices to Port Throughputs in Turkey
Küresel Konteyner Navlun Endekslerinden Türkiye’deki Limanların Çıktısına Oynaklık Yayılımı

Abdullah Açık [1]

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The purpose of this study is to determine the relationship between the container freight rates and the volume of container handled at Turkish ports. To do this, causality in variance analysis is used which enables to determine the volatility spillover from global container freight indices, which are Shanghai Containerized Freight Index (SCFI) and China Containerized Freight Index (CCFI), to container volume handled in Turkish ports. The data set used in the study consists of 93 observations on a monthly basis covering the dates between November 2010 and July 2018. According to the results obtained, a significant volatility spillover has been only detected from the CCFI variable to the container volume. In addition, it has been found that the container volume in Turkish ports has reacted negatively to a positive shock in China container freight index. It is hoped that these results will help the port operators in the policy development stages by providing a leading indicator.

Bu çalışmanın amacı konteyner navlun endeksleriyle Türk limanlarında elleçlenen konteyner hacmi arasındaki ilişkiyi tespit etmektir. Küresel konteyner navlun endekslerinden olan Şangay Konteynırlaşmış Navlun Endeksi (SCFI) ve Çin Konteynırlaşmış Navlun Endeksi (CCFI) değişkenlerinden Türk limanlarında elleçlenen konteyner hacmine olan oynaklık yayılımını tespit etmeyi sağlayan varyansta nedensellik analizi kullanılmıştır. Çalışmada kullanılan veri seti Kasım 2010 ve Temmuz 2018 tarihleri arasını kapsayan aylık bazda 93 gözlemden oluşmaktadır. Elde edilen sonuçlara göre sadece CCFI endeksinden konteyner hacmine anlamlı bir oynaklık yayılımı tespit edilmiştir. Ayrıca, Türk limanlarındaki konteyner hacminin Çin navlun endeksindeki pozitif şoklara negatif tepki verdiği belirlenmiştir. Bu sonuçların liman işletmecilerine bir öncü gösterge sağlayarak politika geliştirme süreçlerinde yardımcı olacağı umulmaktadır.

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Primary Language en
Subjects Operations Research and Management Science, Economics
Published Date 5-1
Journal Section Research Articles
Authors

Orcid: 0000-0003-4542-9831
Author: Abdullah Açık (Primary Author)
Institution: DOKUZ EYLÜL ÜNİVERSİTESİ, DENİZCİLİK FAKÜLTESİ, DENİZCİLİK İŞLETMELERİ YÖNETİMİ BÖLÜMÜ
Country: Turkey


Bibtex @research article { ueyd519545, journal = {Uluslararası Ekonomi ve Yenilik Dergisi}, issn = {}, eissn = {2149-6838}, address = {Seyfettin ARTAN}, year = {2019}, volume = {5}, pages = {101 - 113}, doi = {10.20979/ueyd.519545}, title = {Volatility Spillover from Global Container Freight Indices to Port Throughputs in Turkey}, key = {cite}, author = {Açık, Abdullah} }
APA Açık, A . (2019). Volatility Spillover from Global Container Freight Indices to Port Throughputs in Turkey. Uluslararası Ekonomi ve Yenilik Dergisi, 5 (1), 101-113. DOI: 10.20979/ueyd.519545
MLA Açık, A . "Volatility Spillover from Global Container Freight Indices to Port Throughputs in Turkey". Uluslararası Ekonomi ve Yenilik Dergisi 5 (2019): 101-113 <http://dergipark.org.tr/ueyd/issue/43520/519545>
Chicago Açık, A . "Volatility Spillover from Global Container Freight Indices to Port Throughputs in Turkey". Uluslararası Ekonomi ve Yenilik Dergisi 5 (2019): 101-113
RIS TY - JOUR T1 - Volatility Spillover from Global Container Freight Indices to Port Throughputs in Turkey AU - Abdullah Açık Y1 - 2019 PY - 2019 N1 - doi: 10.20979/ueyd.519545 DO - 10.20979/ueyd.519545 T2 - Uluslararası Ekonomi ve Yenilik Dergisi JF - Journal JO - JOR SP - 101 EP - 113 VL - 5 IS - 1 SN - -2149-6838 M3 - doi: 10.20979/ueyd.519545 UR - https://doi.org/10.20979/ueyd.519545 Y2 - 2019 ER -
EndNote %0 International Journal of Economics and Innovation Volatility Spillover from Global Container Freight Indices to Port Throughputs in Turkey %A Abdullah Açık %T Volatility Spillover from Global Container Freight Indices to Port Throughputs in Turkey %D 2019 %J Uluslararası Ekonomi ve Yenilik Dergisi %P -2149-6838 %V 5 %N 1 %R doi: 10.20979/ueyd.519545 %U 10.20979/ueyd.519545
ISNAD Açık, Abdullah . "Volatility Spillover from Global Container Freight Indices to Port Throughputs in Turkey". Uluslararası Ekonomi ve Yenilik Dergisi 5 / 1 (March 2019): 101-113. https://doi.org/10.20979/ueyd.519545