Asymmetric Impacts of Oil Price on Inflation: An Empirical Study of African OPEC Member Countries

This study investigates the asymmetric impacts of oil price changes on inflation in Algeria, Angola, Libya, and Nigeria. Three different kinds of oil price data were applied in this study: the actual spot oil price of individual countries, the OPEC reference basket oil price, and an average of the B...

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Bibliographic Details
Main Authors: Umar Bala, Lee Chin
Format: Article
Language:English
Published: MDPI AG 2018-11-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/11/11/3017