Symmetric Oil Price Shock and the Nigerian Economy: An Empirical Re-Investigation Using SVECM and ARDL Approach

This study investigates the response of the Nigerian economy to symmetric oil price shock. It made use of annual data that spanned 1960 to 2016. A Structural Vector Error Correction Model (SVECM) and Autoregressive Distributed Lag (ARDL) techniques were employed. The Augmented Dickey-Fuller unit...

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Bibliographic Details
Main Authors: Adediji Adebisi Moses, Adeniji Sesan Oluseyi, Timilehin John Olasehinde
Format: Article
Language:English
Published: Danubius University 2018-12-01
Series:Acta Universitatis Danubius: Oeconomica
Subjects:
Online Access:http://journals.univ-danubius.ro/index.php/oeconomica/article/view/5145/4806