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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Bibliographic Details
Main Author: Joseph Ayoola Omojolaibi
Format: Article
Language:English
Published: EconJournals 2013-06-01
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