GÜVENLİ LİMAN MI YOKSA SPEKÜLATİF BİR LİMON MU? COVID-19 DÖNEMİNDE TÜRKİYE’DE İKİNCİ EL OTOMOTİV PİYASASI VE BELİRSİZLİK İLİŞKİSİ ÜZERİNE BİR İNCELEME

Belirsizliğin yüksek olduğu durumlarda finansal piyasalarda güvenli liman arayışı sıkça görülen bir durumdur. Ancak Türkiye ekonomisinde ikinci el otomobil piyasasında COVID-19 döneminde oldukça özgün ve sıra dışı bir durum yaşanmaktadır. COVID-19 ile birlikte otomobil arzında önemli düzeyde azalma ve sosyal mesafe ihtiyacı nedeniyle toplu taşımadan vazgeçme beraberinde ikinci el otomobil piyasasına olan talebi arttırmıştır. Bu çalışmada ikinci el otomobillerin COVID-19 döneminde ‘güvenli liman’ olarak görülmesi ve güvenli liman mı yoksa spekülatif birer yatırım aracı olması incelenmektedir. Çalışmanın bu yönüyle ikinci el otomobil piyasasının COVID-19 dinamiklerinin anlaşılması açısından önem taşıması ve Türkiye odaklı COVID-19 literatürüne katkı sağlaması öngörülmektedir.

Is It A Safe Haven Or Speculative Lemon?A Review On The Relationship Between the Second Hand Automobile Market and Uncertainty in the Post-Covid-19 Period in Turkey

In cases where uncertainty is high, the search for a safe haven in financial markets is a common situation. However, during the post-COVID-19 period is quite extraordinary and unique in the second-hand automotive market in Turkey's economy is experiencing a situation. Along with COVID-19, a significant decrease in automotive production and risks in public transportation due to social distance increased the demand for the second-hand automotive market. In this study, the second-hand automobiles are considered as 'a safe harbor' in the COVID-19 period and whether the second-hand automobiles are safe haven or they are speculative investment instruments is reviewed. With this aspect of the study, the present study may contribute to the literature on the COVID-19 in the Turkish context, and understand the dynamics of the automotive market in the post-COVID-19 period.

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