Year: 2020
Type: article
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.
Source: Energy RESEARCH LETTERS
DOI: 10.46557/001c.17496
Authors: H. Murat Ertuğrul, B. Oray Güngör, Uğur Soytaş
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W3093019380