TY  - JOUR
TI  - THE IMPACT OF CROSS-COUNTRY TRADE RELATIONS on THE CONTAGION of GLOBAL FINANCIAL CRISIS: THE CASE OF TURKEY
AB  - This study has been written to examine the channels through which the global economic crises spread to the markets of countrieswith growing economies like Turkey. According to data from the Turkish Statistical Institute (TÜİK), stock market index dataof the seven countries with high trade volume (Germany, France, UK, Russia, China, United States of Amerika and Italy) andof the seven countries with low trade volume (Botswana, Gabon, Kenya, Southern Cyprus, Iceland, New Zealand and Jamaica)between 2005 and 2011 was used. With the data used, volatility transfers occurred during the 2007-2008 crisis period weretried to be introduced with the aid of the multivariate GARCH models. As a result of the analyses, it has been determined thattrade is an effective channel for transferring volatility.
AU  - Polat, Hakkı
AU  - Cemrek, Fatih
DO  - 10.18038/estubtda.870391
PY  - 2021
JO  - Eskişehir Technical University Journal of Science and and Technology A- Applied Sciences and Engineering
VL  - 22
IS  - 1
SN  - 2667-4211
SP  - 85
EP  - 99
DB  - TRDizin
UR  - http://search/yayin/detay/433899
ER  -