DOĞRUSAL OLMAYAN EŞBÜTÜNLEŞME TESTLERİ İLE TÜRKİYE EKONOMİSİNDE HİSSE SENEDİ FİYATI VE SEÇİLEN EKONOMİK DEĞİŞKENLER ARASINDAKİ İLİŞKİNİN ANALİZİ

After globalization, all the markets in world are known as competitive fields, and accordingly, economic interactions emerge more strongly. Similarly, national international variables can affect Istanbul stock market. This study analyses relationship between price some selected using cointegration STAR, Maki (2010), KSS (2006) Turkey from January 2000 to June 2019. Because of difference results (2010) test, it has been tried find model that less constraint, then this used analyze these relationships. Our findings support long-run other with STAR adjustment. Findings also show adjusting price, gold exchange rate take much time, while interest rate, inflation does not time. Moreover, there is a causality except for rate. Estimating adjustment speed be helpful portfolio management financial risk management.