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

H. Murat Ertuğrul, B. Oray Güngör, Uğur Soytaş
2020 Energy RESEARCH LETTERS  

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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.
doi:10.46557/001c.17496 fatcat:3ynz2qke4vdd7dlhdu3d3q5hfy
Citation

H. Murat Ertuğrul, B. Oray Güngör, Uğur Soytaş. "The Effect of the COVID-19 Outbreak on the Turkish Diesel Consumption Volatility Dynamics." Energy RESEARCH LETTERS (2020)