Oil Price Asymmetry.pdf

EH_2021_2_rs_7_AEL.pdf
Preview of Oil Price Asymmetry
🔗 Source: horizonti.ekfak.kg.ac.rs
📊 Size: 627 KB
📄 Pages: 14 pages
⬇️ Downloads: 153

Summary

Oil price asymmetry affects Nigeria's economic growth, with both positive and negative changes in oil price and energy use having a negative impact in the short run, while the Consumer Price Index has a positive impact. The study finds no long-term co-integrating relationship among the variables, and the Error Correction Model shows that independent variables can correct about 94% of the short-run deviation of economic growth from equilibrium in the long run.

Description

Oil price asymmetry affects Nigeria's economic growth, with both positive and negative changes in oil price and energy use having a negative impact in the...

Technical Information

  • File Format: PDF
  • File Size: 627 KB
  • Pages: 14
  • Language: EN
  • Total Downloads: 153
  • Last Updated: 1 week ago

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