The Asymmetric Impact of Oil Price and Electricity Consumption on Economic Growth: Evidence from Nigeria
The study examines the asymmetric impact of oil price and electricity consumption on economic growth in Nigeria between 1981 and 2018 using the Non-Linear Autoregressive Distributed Lag (NARDL) model. Results reveal that falling and increasing oil prices as well as gross capital formation affect eco...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2021-09-01
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Series: | Acta Universitatis Sapientiae: Economics and Business |
Subjects: | |
Online Access: | https://doi.org/10.2478/auseb-2021-0003 |