| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10487672 | Energy Policy | 2011 | 10 Pages |
Abstract
⺠World oil prices are projected to rise in coming decade, to around $185 per barrel in 2020. ⺠If this occurs in Turkey, how to quantitatively evaluate the impacts on Turkish economy? ⺠Cumulative output loss resulting from world oil prices increased by 121% can be as large as 14%. ⺠Cumulative inflation as measured by CPI index can be nearly 5% under a fixed exchange rate regime. ⺠Cumulative carbon emissions fall by around 51.7% without using any tools for climate change policy.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Levent Aydın, Mustafa Acar,