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Journals / Karadeniz Sosyal Bilimler Dergisi / 2020 / Cilt: 12 - Sayı: 23

The Impact of COVID-19 Pandemic on Stock Markets: Investigation of Countries with Intensive Case and Deaths and Turkey

COVID-19 Pandemisinin Hisse Senedi Piyasalarına Etkisi: Vaka ve Ölümlerin Yoğun Olduğu Ülkeler ile Türkiye İncelemesi

Kübra SAKA ILGIN
Salim Sercan SARI
Pages
434–453
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

As a result, it was determined that there are causality from total case and death numbers to stock market swhich all selected countries that reached the top 5 daily total case and death numbers dependent on COVID-19Coronavirus pandemic in theworld; US, India, Brasil, Russia and Colombia and alsoTurkey.

📌 3 Key Takeaways

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Objective & Hypothesis:TheCOVID-19Coronaviruspandemic, whichemerged in December 2019 and has beenongoingforabout a year, has affectedtheworldandcausedglobalsocio-psychological and financial crisis.The aim of this study is to investigate whethert here is a causality relationship between daily total case and death numbers and stock markets of the countries that seen widely daily total case and death numbers dependent on COVID-19.
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Key Findings & Data:In the study it is used theToda-Yamamoto causality analyzes method, daily data forth eperiod of 18.02.2020 and 30.09.2020 wereexploited.
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Conclusion & Impact:As a result, it was determined that there are causality from total case and death numbers to stock market swhich all selected countries that reached the top 5 daily total case and death numbers dependent on COVID-19Coronavirus pandemic in theworld; US, India, Brasil, Russia and Colombia and alsoTurkey.
🔬Design:Research Article
📍Scope:2019 Verileri
⚙️Variables:COVID-19 · Koronavirüs · Pandemi

Abstract

TheCOVID-19Coronaviruspandemic, whichemerged in December 2019 and has beenongoingforabout a year, has affectedtheworldandcausedglobalsocio-psychological and financial crisis.The aim of this study is to investigate whethert here is a causality relationship between daily total case and death numbers and stock markets of the countries that seen widely daily total case and death numbers dependent on COVID-19. In the study it is used theToda-Yamamoto causality analyzes method, daily data forth eperiod of 18.02.2020 and 30.09.2020 wereexploited. As a result, it was determined that there are causality from total case and death numbers to stock market swhich all selected countries that reached the top 5 daily total case and death numbers dependent on COVID-19Coronavirus pandemic in theworld; US, India, Brasil, Russia and Colombia and alsoTurkey.

Özet

Aralık 2019’da ortaya çıkan ve yaklaşık bir yıldır devam eden COVID-19 Koronavirüs salgını dünyayı etkisi altına alarak küresel sosyo-psikolojik ve finansal krize neden olmuştur. Bu çalışmanın amacı COVID-19’a bağlı toplam vaka ve ölüm sayılarının en fazla olduğu ülkelerde ve Türkiye’de toplam günlük vaka ve ölüm sayıları ilebu ülkelere ait hisse senedi piyasaları arasında nedensellik ilişkisi olup olmadığını araştırmaktır. Yöntem olarak Toda-Yamamoto nedensellik analizinin kullanıldığı çalışmada 18.02.2020 ile 30.09.2020dönemine ait günlük veriler kullanılmıştır. Sonuç olarak inceleme dönemi itibariyle COVID-19Koronavirüspandemisine bağlı dünyada en fazla toplam günlük vaka ve ölüm sayısına ulaşan ilk 5 ülke olan ABD, Hindistan, Brezilya, Rusya ve Kolombiya ile Türkiye’de gözlenen toplam vaka ve ölüm sayılarından hisse senedi piyasalarına doğru nedensellik ilişkisi olduğu görülmüştür.

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Cite This Article

ILGIN, K. S., SARI, S. S. (2020). The Impact of COVID-19 Pandemic on Stock Markets: Investigation of Countries with Intensive Case and Deaths and Turkey. Karadeniz Sosyal Bilimler Dergisi, Cilt: 12 - Sayı: 23, 434–453. https://ajindex.com/articles/272083

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