Author/Authors :
GÜLER, Sevinç Dokuz Eylül Üniversitesi - Iktisadi ve Idari Bilimler Fakültesi (İİBF) - İşletme Bölümü, Turkey , TEMEL NALIN, Halime Bülent Ecevit Üniversitesi - Iktisadi ve Idari Bilimler Fakültesi (İİBF) - İşletme Bölümü, Turkey
Title Of Article :
IMPACT OF OIL PRICES ON ISE INDICES
Abstract :
This study examines impact of oil prices and National 100, manufacturing industry and chemical-petroleum-plastic industry of Istanbul Stock Exchange (ISE). For this purpose, indixes of ISE and oil prices analysed weekly closing prices over the period between 03.02.1997 and 30.11.2012 In the study, Granger cointegration analyse and Granger causality test was applied to determine the relationship of time series. According to results of analyses, it was observed that series act together in long period, but there is no causality in short period.
NaturalLanguageKeyword :
Oil prices , Index , Cointegration.
JournalTitle :
The International Journal Of Economic and Social Research
