Oil price shocks and Nigeria's economic activity: evidence from ARDL co-integration and VECM analysis.
(2015)
Working Paper
BABAJIDE, N. and SOILE, I. 2015. Oil price shocks and Nigeria's economic activity: evidence from ARDL co-integration and VECM analysis. Hosted on SSRN [online, article number 2624004. Available from: Soile, Ismail and Babajide, Nathaniel, Oil Price Shocks and Nigeria's Economic Activity: Evidence from ARDL Co-Integration and VECM Analysis (June 27, 2015). Available at SSRN: https://ssrn.com/abstract=2624004 or https://doi.org/10.2139/ssrn.2624004
This study examines the impact of oil price shocks and their transmission channels to selected macroeconomic variables which serve as proxies for economic activities in Nigeria using quarterly data from 1980Q1 to 2011Q4. Empirical analysis was carrie... Read More about Oil price shocks and Nigeria's economic activity: evidence from ARDL co-integration and VECM analysis..