The dynamics of fuel demand and illegal fuel activity in Turkey
| Autor: | A. Talha Yalta, A. Yasemin Yalta |
|---|---|
| Přispěvatelé: | TOBB ETU, Faculty of Economics and Administrative Sciences, Department of Economics, TOBB ETÜ, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü, Yalta, Abdullah Talha |
| Rok vydání: | 2016 |
| Předmět: |
gasoline
Economics and Econometrics maximum entropy Turkey energy demand 020209 energy Principle of maximum entropy 05 social sciences Rolling window Ranging 02 engineering and technology Interval (mathematics) diesel Diesel fuel General Energy Resampling 0502 economics and business 0202 electrical engineering electronic engineering information engineering Econometrics Environmental science 050207 economics Gasoline bootstrap Fixed width |
| Zdroj: | Energy Economics. 54:144-158 |
| ISSN: | 0140-9883 |
| Popis: | We expose the dynamics of road fuel demand by employing maximum entropy resampling based interval estimates in a fixed width rolling window framework. Our approach facilitates using a uniform specification in a sequential procedure while also providing robust and efficient estimates that can evolve over time. Ours is also the first study to develop a method for estimating illegal fuel activity. To demonstrate our methodology, we use monthly data between 2003-2012 and focus on the demand for diesel and gasoline in Turkey. The results show estimated monthly illegal activity ranging between 5-23 million liters over the last six years. (C) 2015 Elsevier B.V. All rights reserved. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full Text from ScienceDirect