The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market

Seval Mutlu ÇAMOĞLU (Ekonomi Bölümü. Ü. İktisadi ve İdari Bilimler Fakültesi, Ordu Üniversitesi/- Türkiye)
World Journal of Applied Economics
2 0
Yıl: 2021 Cilt: 7 Sayı: 1 Sayfa Aralığı: 17 - 33 Metin Dili: İngilizce DOI: 10.22440/wjae.7.1.2 İndeks Tarihi: 15-06-2022

The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market

Öz:
Stock markets are developing with the economic growth of the countries in a liberal market economy. Petrochemicals is an indicator of the performance of the coun- try’s industry with high inter-industry linkage by providing input to several sectors, producing various outputs with a certain number of raw materials. The COVID-19 pandemic period has affected all markets worldwide and caused fluctuations in the in- dex values of large firms in the petrochemical industry in Borsa Istanbul (BIST). This study analyzes the impact of the pandemic period and change in the oil prices and exchange rate on the petrochemical market in Turkey. The monthly data of petro- chemical stock market index, exchange rate, oil prices are used in this time series analysis. A pandemic information index representing the COVID-19 pandemic was derived and included in the model. According to the results, it is observed that the most important determinant of the fluctuations on the BIST petrochemical index is the oil prices. While a shock in oil prices negatively affects the BIST petrochemical index, the petrochemical index responds positively to the shock in the pandemic index
Anahtar Kelime:

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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APA MUTLU CAMOGLU S (2021). The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market. , 17 - 33. 10.22440/wjae.7.1.2
Chicago MUTLU CAMOGLU SEVAL The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market. (2021): 17 - 33. 10.22440/wjae.7.1.2
MLA MUTLU CAMOGLU SEVAL The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market. , 2021, ss.17 - 33. 10.22440/wjae.7.1.2
AMA MUTLU CAMOGLU S The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market. . 2021; 17 - 33. 10.22440/wjae.7.1.2
Vancouver MUTLU CAMOGLU S The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market. . 2021; 17 - 33. 10.22440/wjae.7.1.2
IEEE MUTLU CAMOGLU S "The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market." , ss.17 - 33, 2021. 10.22440/wjae.7.1.2
ISNAD MUTLU CAMOGLU, SEVAL. "The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market". (2021), 17-33. https://doi.org/10.22440/wjae.7.1.2
APA MUTLU CAMOGLU S (2021). The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market. World Journal of Applied Economics, 7(1), 17 - 33. 10.22440/wjae.7.1.2
Chicago MUTLU CAMOGLU SEVAL The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market. World Journal of Applied Economics 7, no.1 (2021): 17 - 33. 10.22440/wjae.7.1.2
MLA MUTLU CAMOGLU SEVAL The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market. World Journal of Applied Economics, vol.7, no.1, 2021, ss.17 - 33. 10.22440/wjae.7.1.2
AMA MUTLU CAMOGLU S The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market. World Journal of Applied Economics. 2021; 7(1): 17 - 33. 10.22440/wjae.7.1.2
Vancouver MUTLU CAMOGLU S The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market. World Journal of Applied Economics. 2021; 7(1): 17 - 33. 10.22440/wjae.7.1.2
IEEE MUTLU CAMOGLU S "The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market." World Journal of Applied Economics, 7, ss.17 - 33, 2021. 10.22440/wjae.7.1.2
ISNAD MUTLU CAMOGLU, SEVAL. "The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market". World Journal of Applied Economics 7/1 (2021), 17-33. https://doi.org/10.22440/wjae.7.1.2
Sayfa Oluşturulma Tarihi
23-04-2024 23:11

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