eprintid: 2
rev_number: 12
eprint_status: archive
userid: 5
dir: disk0/00/00/00/02
datestamp: 2018-03-11 08:25:58
lastmod: 2018-03-11 08:25:58
status_changed: 2018-03-11 08:25:58
type: article
metadata_visibility: show
contact_email: deposit_eprints@ishik.edu.iq
creators_name: Umoru, David
creators_name: Onimawo, Janet Achikare
creators_id: david.umoru@yahoo.com
title: Growth and Oil Price Fluctuation in Nigeria: A Variance Decomposition Evidence
ispublished: pub
subjects: H1
subjects: HA
subjects: HB
subjects: HC
divisions: ISSUE013
full_text_status: public
keywords: Growth Rate, Shocks, Oil Price
abstract: 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.
date: 2017-09-01
date_type: published
publication: International Journal of Social Sciences and Educational Studies
volume: 4
number: 1
publisher: Ishik University
pagerange: 1-11
id_number: doi:10.23918/ijsses.v4i1p1
refereed: TRUE
issn: 24091294
official_url: http://ijsses.org/index.php/volume-4-issue-1-article-1/
related_url_url: http://www.ishik.edu.iq/
related_url_type: pub
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citation:   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     
document_url: http://eprints.ishik.edu.iq/2/1/ijsses.v4i1p1.pdf