The Impact of Oil Prices on The Transportation Industry Stock Returns: The Case of the Turkish Equity Market
This study examines the impact of crude oil prices on Turkey's transportation sector stock returns. For this purpose, ARDL Bound Test approach is utilized to investigate both long-run and short-run impacts. Research findings show that crude oil prices have an adverse impact on stock returns in...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Ekonomi ve Finansal Araştırmalar Derneği
2023-09-01
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Series: | Ekonomi, Politika & Finans Araştırmaları Dergisi |
Subjects: | |
Online Access: | https://dergipark.org.tr/tr/download/article-file/3146217 |