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Abstract

The current paper investigates the gasoline demand relationship in the case of Turkey, utilizing different econometric techniques and using quarterly data spanning from 2000Q1 to 2019Q1. The estimation results revealed that income and gasoline price are the main drivers of consumption. The found long-run income, price and auto stock elasticities are 0.25, −0.27 and −0.80, respectively.

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Ridvan Aydm
Ridvan Aydm

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Serhat Yuksel
Serhat Yuksel

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Hasan Dincer
Hasan Dincer

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Shahriyar Mukhtarov
Shahriyar Mukhtarov

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Mikayilov, Jeyhun
Energy and Macroeconomics
Mikayilov, Jeyhun

Principal Fellow- Energy Macro & Microeconomics

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