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...

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Bibliographic Details
Main Authors: Longe Adedayo Emmanuel, Adekoya Taiwo Matthew, Soyemi Caleb Olugbenga, Agbanuji David Adeiza, Adekomi Idowu Jacob
Format: Article
Language:English
Published: Sciendo 2021-09-01
Series:Acta Universitatis Sapientiae: Economics and Business
Subjects:
c22
o40
q31
q43
Online Access:https://doi.org/10.2478/auseb-2021-0003