How oil prices drive inflation in Turkish economy: two different channels

dc.authorid0000-0001-8453-9940en_US
dc.contributor.authorBilgin, Bari
dc.contributor.authorAdalı, Zafer
dc.date.accessioned2023-01-23T12:39:13Z
dc.date.available2023-01-23T12:39:13Z
dc.date.issued2020
dc.departmentAÇÜ, Hopa İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümüen_US
dc.description.abstractThis study analyzes the impact of changes in oil prices on consumer inflation in Turkey. We compare the effects of the changes in crude oil and gasoline prices on the consumer prices. These effects differ symmetrically and asymmetrically for the period 2009:01-2020:04. For this purpose, inflationary effects are estimated using linear and nonlinear ARDL models. According to the findings, changes in both oil and fuel prices have asymmetric effects on inflation in the short run. Both models explain the changes in consumer inflation with the increases in oil prices in the long run. The result indicates that the decreases in oil prices are not taken into account in pricing decisions.
dc.identifier.citationBari, B. & Adalı, Z. (2020), “How Oil Prices Drive Inflation in Turkish Economy: Two Different Channels”, Fiscaoeconomia, 4(3), 705-721.en_US
dc.identifier.doi10.25295/fsecon.786956
dc.identifier.endpage721en_US
dc.identifier.issue3en_US
dc.identifier.startpage705en_US
dc.identifier.urihttps://doi.org/10.25295/fsecon.786956
dc.identifier.urihttps://hdl.handle.net/11494/4577
dc.identifier.volume4en_US
dc.indekslendigikaynakTR-Dizin
dc.institutionauthorAdalı, Zafer
dc.language.isoenen_US
dc.publisherFiscaoeconomia (FSECON)en_US
dc.relation.ispartofFiscaoeconomia
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectOil priceen_US
dc.subjectGasoline priceen_US
dc.subjectInflationen_US
dc.subjectNonlinear ARDL modelen_US
dc.titleHow oil prices drive inflation in Turkish economy: two different channelsen_US
dc.typeArticle

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