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

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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Year of publication:	2020
Authors:	Ertugrul, H. Murat ; Güngör, B. Oray ; Soytas, Ugur

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Type of publication:	Book / Working Paper
Language:	English
Notes:	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.
Classification:	C10 - Econometric and Statistical Methods: General. General ; Q43 - Energy and the Macroeconomy ; q47
Source:	BASE

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