Estimating the Price and Income Elasticities of Crude Oil Import Demand for Turkey
In this study, the price and income elasticities of Turkey's imported crude oil demand are analysed. In this context, annual time series data covering the period 1970-2018 are preferred for imported crude oil, real price for crude oil and real GDP. As known, Turkey is an energy ependent country...
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| Format: | Article |
| Language: | English |
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Econometric Research Association
2020-11-01
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| Series: | International Econometric Review |
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| Online Access: | http://www.era.org.tr/makaleler/754989.pdf |