Dağli, Hüseyin; Sivri, Uğur; Bank, Semra - In: International Journal of Trade and Global Markets 5 (2012) 1, pp. 4-23
This paper uses Johansen (1988) cointegration analysis to examine the existence of long-run relationship between the Turkish and 20 other emerging stock markets over the period 1994:12-2010:04. Bivariate cointegration analyses indicate the existence of cointegration relationships between Turkish...