Author/Authors
KAYA, Emine Ağrı İbrahim Çeçen Üniversitesi - Iktisadi ve Idari Bilimler Fakültesi (İİBF) - İşletme Bölümü, TURKEY , ÇAM, Alper Veli Gümüşhane Üniversitesi - Iktisadi ve Idari Bilimler Fakültesi (İİBF) - İşletme Bölümü, Turkey , BARUT, Abdulkadir Harran Üniversitesi - Siverek Meslek Yüksekokulu, Turkey
Title Of Article
THE ANALYSIS OF RELATION BETWEEN CAPITAL MARKET AND FINANCIAL OPENNESS WITH VAR MODEL FOR TURKEY
شماره ركورد
36889
Abstract
With financial liberation beginning in 1980, capital market restrictions were removed and, as result of financial liberation, financial openness started. The purpose of this study is to determine the relation between financial openness rate and capital market for Turkey. In the study, covering 1998: Q1-2013: Q1 periods, VAR model were set up and Granger causality test was applied. As a result of Granger causality analysis, it was determined that there is unilateral causality from capital market to financial openness. This consequence shows that changes occured in capital markets affect financial openness.
From Page
493
NaturalLanguageKeyword
Financial Openness , Stock Market , Causality Analysis
JournalTitle
Journal Of Economics and Administrative Sciences, Ataturk University
To Page
506
JournalTitle
Journal Of Economics and Administrative Sciences, Ataturk University
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