The impact of stock market on real economic activity: Evidence from Turkey

dc.contributor.authorKaplan M.
dc.date.accessioned2019-08-01T13:38:39Z
dc.date.available2019-08-01T13:38:39Z
dc.date.issued2008
dc.departmentNiğde ÖHÜ
dc.description.abstractThis study has focused on the relationship between stock market performance and real economic activity. Recently, it was argued that the traditional links between stock market and real activity broke down since the early 1980s implying that movements of stock prices are independent from subsequent changes in real activity. This study contributes to the literature on the relationship between stock market and real economic activity using quarterly data from an emerging stock market of Turkey. In contrast to the studies carried out for developed countries, the results of this study indicate that there is a close connection between stock market prices and real economic activity and the stock market causes real economic activity. © 2008 Asian Network for Scientific Information.
dc.identifier.doi10.3923/jas.2008.374.378
dc.identifier.endpage378
dc.identifier.issn1812-5654
dc.identifier.issue2
dc.identifier.scopus2-s2.0-41949136558
dc.identifier.scopusqualityN/A
dc.identifier.startpage374
dc.identifier.urihttps://dx.doi.org/10.3923/jas.2008.374.378
dc.identifier.urihttps://hdl.handle.net/11480/1159
dc.identifier.volume8
dc.indekslendigikaynakScopus
dc.institutionauthorKaplan M.
dc.language.isoen
dc.publisherAsian Network for Scientific Information
dc.relation.ispartofJournal of Applied Sciences
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectCointegration
dc.subjectGranger-causality
dc.subjectImpulse response
dc.subjectReal activity
dc.subjectStock market
dc.titleThe impact of stock market on real economic activity: Evidence from Turkey
dc.typeArticle

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