Florence Ifeyinwa, Harbor and Chioma, Oleka Dorathy (2019) Impact of Oil Price Changes on Selected Macroeconomic Variables in Nigeria. South Asian Journal of Social Studies and Economics, 4 (1). pp. 1-10. ISSN 2581-821X
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Abstract
In this study, the impact of oil price changes on selected variables in Nigeria within the period, 1981-2016 had been evaluated. Adopting the ex-post facto research design with annual time series and using The Autoregressive Distributed Lag (ARDL) model; the results revealed that the change in oil price had a positive and significant impact on government revenue and government expenditure, but had no positive and significant impact on the domestic price level. It is therefore recommended that the monocultural economy should be omitted through well-planned and implementation diversification.
Item Type: | Article |
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Subjects: | South Asian Archive > Social Sciences and Humanities |
Depositing User: | Unnamed user with email support@southasianarchive.com |
Date Deposited: | 06 May 2023 08:03 |
Last Modified: | 24 May 2024 06:37 |
URI: | http://article.journalrepositoryarticle.com/id/eprint/554 |