Implications of oil price shocks on net oil-importing African countries

The study examines the implications of oil price shocks on developing net oil-importing countries. The study considers the casual relationship, impulse response function, and vector decomposition between oil prices and macroeconomic variables using an unrestricted vector autoregressive (VAR) model....

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Bibliographic Details
Main Authors: Obindah Gershon, Nnaemeka Emmanuel Ezenwa, Romanus Osabohien
Format: Article
Language:English
Published: Elsevier 2019-08-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844019358682