There is a critical relationship between climate change and financial markets. In this study, temperature change values are used to examine the impact of climate change on agriculture, banking, investment, and insurance sectors. The study determines the relationship between temperature changes and agriculture, banking, investment, and insurance indices in BIST by regression analysis. The results show that climate change has different impacts on different sectors. While the agricultural sector is more sensitive to temperature changes, its impact on the bankingand investment sectors may be more limited. These results suggest that temperature changes directly and significantly impact the financial performance of the agricultural sector and provide a broad understanding of the potential impacts of climate change on financial markets and the agricultural sector. In addition, the insurance sector can be affected by climate change, and temperature increases can trigger changes in insurance indices. These results emphasize that climate change is an essential factor in financial sector performance and risk management. In this context, policies and strategies to combat climate change should focus on promoting stability and sustainability in financial markets.
Eser Adı (dc.title) | The effects of climate change on financial markets |
Yazar [Asıl] (dc.creator.author) | Günışık, Gündüz Can |
Yazar Departmanı (dc.creator.department) | Yeditepe University Graduate School of Social Sciences |
Yazar Departmanı (dc.creator.department) | Yeditepe University Graduate School of Social Sciences Master’s Program in Financial Economics |
Yayın Tarihi (dc.date.issued) | 2023 |
Yayın Turu [Akademik] (dc.type) | preprint |
Yayın Türü [Ortam] (dc.format) | application/pdf |
Konu Başlıkları [Genel] (dc.subject) | Agriculture sector |
Konu Başlıkları [Genel] (dc.subject) | Banking sector |
Konu Başlıkları [Genel] (dc.subject) | Climate change |
Konu Başlıkları [Genel] (dc.subject) | Financial markets |
Konu Başlıkları [Genel] (dc.subject) | Insurance sector |
Konu Başlıkları [Genel] (dc.subject) | Investment sector |
Konu Başlıkları [Genel] (dc.subject) | Tarım sektörü |
Konu Başlıkları [Genel] (dc.subject) | Bankacılık sektörü |
Konu Başlıkları [Genel] (dc.subject) | İklim değişikliği |
Konu Başlıkları [Genel] (dc.subject) | Finansal piyasalar |
Konu Başlıkları [Genel] (dc.subject) | Sigorta sektörü |
Yayıncı (dc.publisher) | Yeditepe University Academic and Open Access Information System |
Dil (dc.language.iso) | eng |
Özet Bilgisi (dc.description.abstract) | There is a critical relationship between climate change and financial markets. In this study, temperature change values are used to examine the impact of climate change on agriculture, banking, investment, and insurance sectors. The study determines the relationship between temperature changes and agriculture, banking, investment, and insurance indices in BIST by regression analysis. The results show that climate change has different impacts on different sectors. While the agricultural sector is more sensitive to temperature changes, its impact on the bankingand investment sectors may be more limited. These results suggest that temperature changes directly and significantly impact the financial performance of the agricultural sector and provide a broad understanding of the potential impacts of climate change on financial markets and the agricultural sector. In addition, the insurance sector can be affected by climate change, and temperature increases can trigger changes in insurance indices. These results emphasize that climate change is an essential factor in financial sector performance and risk management. In this context, policies and strategies to combat climate change should focus on promoting stability and sustainability in financial markets. |
Kayıt Giriş Tarihi (dc.date.accessioned) | 2024-01-17 |
Açık Erişim Tarihi (dc.date.available) | 2024-01-17 |
Haklar (dc.rights) | Yeditepe University Academic and Open Access Information System |
Erişim Hakkı (dc.rights.access) | Open Access |
Telif Hakkı (dc.rights.holder) | Unless otherwise stated, copyrights belong to Yeditepe University. Usage permissions are specified in the Open Access System, and "InC-NC/1.0" and "by-nc-nd/4.0" are as stated. |
Telif Hakkı Url (dc.rights.uri) | http://creativecommons.org/licenses/by-nc-nd/4.0 |
Telif Hakkı Url (dc.rights.uri) | https://rightsstatements.org/page/InC-NC/1.0/?language=en |
Açıklama [Genel] (dc.description) | Final published version |
Açıklama [Not] (dc.description.note) | Note: This preprint reports new research that has not been certified by peer review and should not be used as established information without consulting multiple experts in the field. |
Tanım Koleksiyon Bilgisi (dc.description.collectioninformation) | This item is part of the preprint collection made available through Yeditepe University library. For your questions, our contact address is openaccess@yeditepe.edu.tr |
Tek Biçim Adres (dc.identifier.uri) | https://hdl.handle.net/20.500.11831/8180 |