An analysis of oil demand in Turkey
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Tarih
2006-02-06
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
İstanbul Bilgi Üniversitesi
Erişim Hakkı
Attribution-NonCommercial-NoDerivs 3.0 United States
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
Özet
Bu tezde 1992-2004 yılları için üç aylık veriler kullanılarak kısa ve uzun dönem için benzin tüketiminin fiyat ve gelir elastikiyetleri ekonometrik bir araştırma sonucunda ortaya konmuştur. Kısa dönem gelir elastikiyeti 0.58, kısa dönem fiyat elastikiyeti -0.15 (istatiksel olarak anlamsız) ve uzun dönem fiyat elastikiyeti -0.38, gelir elastikiyeti ise -0.23 (istatiksel olarak anlamsız) olarak tahmin edilmiştir. Bulgularımıza göre devletin petrol ürünleri üzerine koyduğu vergi optimal olabilir.
Using quarterly data from 1992-2004, we conduct an econometric investigation of the short and long-run price and income elasticities of gasoline consumption in Turkey. We find that short-run income elasticity is 0.58, short-run price elasticity is -0.15 (statistically insignificant) and the long-run price elasticity is approximately -0.38, long-run income elasticity is approximately -0.23 (statistically insignificant). Our findings suggest that the recent heavy taxation of oil derivatives in general and gasoline in particular may be optimal in Turkey.
Using quarterly data from 1992-2004, we conduct an econometric investigation of the short and long-run price and income elasticities of gasoline consumption in Turkey. We find that short-run income elasticity is 0.58, short-run price elasticity is -0.15 (statistically insignificant) and the long-run price elasticity is approximately -0.38, long-run income elasticity is approximately -0.23 (statistically insignificant). Our findings suggest that the recent heavy taxation of oil derivatives in general and gasoline in particular may be optimal in Turkey.
