Asymmetric and Dynamic Effects of Oil Price Shocks and Exchange Rate Fluctuations: Evidence from a Panel of Economic Community of West African States (ECOWAS)

Researches intended to influence key decisions on energy policy are paramount for ECOWAS’s development agenda. Therefore, we employ fixed effect model to examine the impacts of oil price shocks and exchange rate volatility on real GDP in the ECOWAS countries. For each oil price shock, three equation...

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Bibliographic Details
Main Authors: Abimelech Paye Gbatu, Zhen Wang, Presley K Wesseh, Isaac Yak Repha Tutdel
Format: Article
Language:English
Published: EconJournals 2017-09-01
Series:International Journal of Energy Economics and Policy
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijeeep/issue/31922/351217?publisher=http-www-cag-edu-tr-ilhan-ozturk