Evkaya, Ömer Ozan

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Evkaya, Ozan
Ö.,Evkaya
Ö.O.Evkaya
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Evkaya,O.O.
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Evkaya, Ömer Ozan
Evkaya,Ö.O.
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Ömer Ozan, Evkaya
Omer Ozan, Evkaya
E., Omer Ozan
Evkaya, Omer Ozan
Job Title
Araştırma Görevlisi
Email Address
ozan.evkaya@atilim.edu.tr
Main Affiliation
Mathematics
Status
Former Staff
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2

Articles

2

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2

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1

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1

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Gazi University Journal of Science1
Türkiye Klinikleri Biyoistatistik Dergisi1
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  • Article
    Citation - WoS: 2
    Measuring Dependence Between Electricity Consumption and Economic Indicators Via Copulas: Turkish Case
    (Gazi Univ, 2018) Evkaya, O. Ozan; Yozgatligil, Ceylan; Selcuk-Kestel, A. Sevtap; Mathematics
    This paper implements copulas to identify the dependence structure between electricity consumption and its cofounding indicators. To achieve this, Turkish electricity demand, its economic and sectoral indicators are taken into account. As a first step, bivariate copulas are used to identify the best fitting copula and the degree of the dependence. Thereafter, multivariate model is established using vine copulas using highly correlated variables. The empirical results confirm the added value of the proposed approach in determining numerous tail properties. We indicate that the copulas are useful to underline, especially, the tail properties of indicators in the market for decision makers.