Does Volatility in Crude Oil Price Precipitate Macroeconomic Performance in Nigeria?
This study examines the effects of crude oil price changes on economic activity in an oil dependent economy-Nigeria. A small open economy structural vector autoregressive (SVAR) technique is employed to study the macroeconomic dynamics of domestic price level, economic output, money supply and oil p...
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Format: | Article |
Language: | English |
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EconJournals
2013-06-01
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Series: | International Journal of Energy Economics and Policy |
Subjects: | |
Online Access: | https://dergipark.org.tr/tr/pub/ijeeep/issue/31904/350718?publisher=http-www-cag-edu-tr-ilhan-ozturk |