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