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Estimating the evolution of elasticities of natural gas demand: the case of Istanbul, Turkey
(Physica-Verlag Gmbh & Co, 2016-08)
Much of the existing literature on demand for natural gas assumes constant and single-value elasticities, overlooking the possibility of dynamic responses to the changing conditions. We aim to fill this gap by providing ...
The dynamics of fuel demand and illegal fuel activity in Turkey
(Elsevier Science Bv, 2016-02)
We expose the dynamics of road fuel demand by employing maximum entropy resampling based interval estimates in a fixed width rolling window framework. Our approach facilitates using a uniform specification in a sequential ...
Dependency on imported oil and its effects on current account
(Taylor & Francis Inc, 2017)
Oil price hikes can have disruptive effects on the current account balances of oil-importing developing countries, which largely depend on external energy sources for domestic output. Nonetheless, the relation between oil ...