The effects of electricity price changes on prices of other goods and services – evidence from Turkey

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buir.contributor.authorBerument, Hakan
dc.citation.epage960en_US
dc.citation.issueNumber12
dc.citation.spage955en_US
dc.citation.volumeNumber27
dc.contributor.authorGedikkaya, A.en_US
dc.contributor.authorVarlık, S.en_US
dc.contributor.authorBerument, Hakanen_US
dc.date.accessioned2020-02-13T13:52:15Z
dc.date.available2020-02-13T13:52:15Z
dc.date.issued2020en_US
dc.departmentDepartment of Economicsen_US
dc.description.abstractThis 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.en_US
dc.identifier.doi10.1080/13504851.2019.1648746en_US
dc.identifier.eissn1466-429
dc.identifier.issn1350-4851
dc.identifier.urihttp://hdl.handle.net/11693/53346
dc.language.isoEnglishen_US
dc.publisherRoutledgeen_US
dc.relation.isversionofhttps://doi.org/10.1080/13504851.2019.1648746en_US
dc.source.titleApplied Economics Lettersen_US
dc.subjectElectricity pricesen_US
dc.subjectInflationen_US
dc.subjectPass-throughen_US
dc.subjectFAVARen_US
dc.titleThe effects of electricity price changes on prices of other goods and services – evidence from Turkeyen_US
dc.typeArticleen_US
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