The effects of electricity price changes on prices of other goods and services – evidence from Turkey
| Autor: | Berument M. Hakan, Ahmet Gedikkaya, Serdar Varlik |
|---|---|
| Přispěvatelé: | Berument, Hakan, [Belirlenecek] |
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Inflation
Economics and Econometrics 050208 finance Electricity price Turkish FAVAR media_common.quotation_subject 05 social sciences Pass-through language.human_language Goods and services Autoregressive model Electricity prices 0502 economics and business Economics Econometrics language pass-through inflation 050207 economics media_common |
| Zdroj: | Applied Economics Letters |
| Popis: | This article employs a Factor-Augmented Vector Autoregressive model to assess the effects of electricity price innovations on prices of other goods and services. Using monthly series from Turkish Domestic Producer Price Index (D-PPI) and Harmonized Index of Consumer Prices (HICP) components, the results from the analyses on D-PPI components suggest that (i) Machinery & Equipment (not elsewhere classified); Electrical Equipment; and Rubber & Plastic Products increase the most, while (ii) Tobacco Products; Crude Petroleum & Natural Gas; and Water Supply, Sewerage, Waste Management & Remediation Services increase the least. In addition, the results from the analyses on HICP components suggest that (iii) Housing, Water, Electricity, Gas & Other Fuels; Furnishings, Household Equipment & Maintenance; and Restaurants & Hotels increase the most, while (iv) Communications; Alcoholic Beverages, Tobacco & Narcotics; and Education increase the least. WOS:000479197900001 2-s2.0-85070507291 |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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