Time-Varying Network Connectedness Between the Organizational Ecology of Transportation and Storage Firms and Macroeconomic Variables

dc.contributor.authorTuncer, Murathan
dc.contributor.authorAkbulut, Nesrin
dc.contributor.authorTurhan, Miraç Savaş
dc.contributor.authorArı, Yakup
dc.date.accessioned2026-01-24T12:20:49Z
dc.date.available2026-01-24T12:20:49Z
dc.date.issued2022
dc.departmentAlanya Alaaddin Keykubat Üniversitesi
dc.description.abstractResearch background: Environmental factors are not adequately addressed in organizational ecology studies. At the same time, it is known that the theory has not received enough attention except for North America, which is the emerging point. Purpose: We aim to examine macroeconomic connectedness between the organizational ecology of transportation and storage firms and macroeconomic variables such as price and production indexes. Research methodology: This paper discusses the relation among the following variables within the framework of macroeconomic connectedness via organizational ecology theory. The variables are FOUNDINGS, DISBANDINGS, TRNSP-CPI, PPI IPI and ENERGY. We use the TVP-VAR based Diebold-Yllmaz Connectedness approach in the analysis of the data. Results: DISBANDING is the net transmitter throughout the entire period. FOUNDING is mainly a net shock receiver during the COVID-19 period and transmitter in other periods. TRANS-CPI and PPI are risk receivers throughout the entire period, and even the shocks they transmit increased in the post-2018 period. ENERGY and IPI are in shock receiver status throughout the entire period. The received shocks of IPI from others have decreased with the effect of the lockdown experienced during the COVID-19 period. Novelty: The investors can hedge against risk by looking at industry production capacity and the number of firm closures, considering the net bilateral link between the indices, and calculating the appropriate time period for establishing a firm. Connectedness indices vary considerably over the sampling period, which indicates that investors must dynamically adjust their position in the industry. © 2022 Murathan Tuncer et al., published by Sciendo.
dc.identifier.doi10.2478/foli-2022-0027
dc.identifier.endpage223
dc.identifier.issn1730-4237
dc.identifier.issue2
dc.identifier.scopus2-s2.0-85144501041
dc.identifier.scopusqualityQ3
dc.identifier.startpage209
dc.identifier.urihttps://doi.org/10.2478/foli-2022-0027
dc.identifier.urihttps://hdl.handle.net/20.500.12868/4597
dc.identifier.volume22
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherSciendo
dc.relation.ispartofFolia Oeconomica Stetinensia
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_Scopus_20260121
dc.subjectDiebold-Yllmaz Connectedness
dc.subjectOrganizational ecology
dc.subjectOrganizational foundings and disbandings
dc.subjectTransportation and Storage
dc.subjectTVP-VAR
dc.titleTime-Varying Network Connectedness Between the Organizational Ecology of Transportation and Storage Firms and Macroeconomic Variables
dc.typeArticle

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