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The Effect of Covid-19 Outbreak on Turkish Diesel Consumption Volatility Dynamics

Ertugrul, H. Murat and Güngör, B. Oray and Soytas, Ugur (2020): The Effect of Covid-19 Outbreak on Turkish Diesel Consumption Volatility Dynamics. Published in: Energy RESEARCH LETTERS , Vol. 3, No. 1 (2020): pp. 1-4.

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Abstract

We analyze the effect of the COVID-19 outbreak on volatility dynamics of the Turkish diesel market. We observe that a high volatility pattern starts around mid-April, 2020 and reaches its peak on 24/05/2020. This is due to the government imposed weekend curfews and bans on intercity travels. Two policy suggestions are provided. First is a temporary rearrangement of profit margins of dealers and liquid fuel distributors; and, second is a temporary tax regulation to compensate lost tax revenue.

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  • The Effect of Covid-19 Outbreak on Turkish Diesel Consumption Volatility Dynamics. (deposited 13 Oct 2021 10:49) [Currently Displayed]
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