relation: http://eprints.ishik.edu.iq/2/
title: Growth and Oil Price Fluctuation in Nigeria: A Variance Decomposition Evidence
creator: Umoru, David
creator: Onimawo, Janet Achikare
subject: H Social Sciences (General)
subject: HA Statistics
subject: HB Economic Theory
subject: HC Economic History and Conditions
description: This study examines the impact of oil price shocks on economic growth rate in Nigeria using the impulse response functions and forecast error variance decomposition on quarterly data from 2000 to 2016. This study finds that fluctuations in oil prices cause swings in GDP growth rate in Nigeria. The fluctuation in oil prices also depreciates Naira exchange rate. The country should branch out its revenue sources to shield the dangle effect of the fluctuation in prices of oil.
publisher: Ishik University
date: 2017-09-01
type: Article
type: PeerReviewed
format: text
language: en
rights: cc_by_nc_nd_4
identifier: http://eprints.ishik.edu.iq/2/1/ijsses.v4i1p1.pdf
identifier:   Umoru, David and Onimawo, Janet Achikare  (2017) Growth and Oil Price Fluctuation in Nigeria: A Variance Decomposition Evidence.  International Journal of Social Sciences and Educational Studies, 4 (1).  pp. 1-11.  ISSN 24091294     
relation: http://ijsses.org/index.php/volume-4-issue-1-article-1/
relation: doi:10.23918/ijsses.v4i1p1