Pass-through of crude oil prices at different stages in Turkey

This paper examines the degree of oil price pass-through to domestic prices at different stages of supply chain in Turkey. Our results, based on vector autoregressive models, point out that the pass-through to domestic motor fuel prices is considerably fast as expected and just one third of a change...

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Bibliographic Details
Published in:Central Bank Review
Main Authors: Fatih Akçelik, Fethi Öğünç
Format: Article
Language:English
Published: Elsevier 2016-03-01
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S1303070116000056