Asymmetric impact of oil price shocks on selected macroeconomic variables: NARDL exposition
Titolo Rivista ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT
Autori/Curatori Omoke Philip Chimobi, Uche Emmanuel
Anno di pubblicazione 2020 Fascicolo 2020/1
Lingua Inglese Numero pagine 19 P. 171-189 Dimensione file 216 KB
DOI 10.3280/EFE2020-001008
Il DOI è il codice a barre della proprietà intellettuale: per saperne di più
clicca qui
Qui sotto puoi vedere in anteprima la prima pagina di questo articolo.
Se questo articolo ti interessa, lo puoi acquistare (e scaricare in formato pdf) seguendo le facili indicazioni per acquistare il download credit. Acquista Download Credits per scaricare questo Articolo in formato PDF
FrancoAngeli è membro della Publishers International Linking Association, Inc (PILA)associazione indipendente e non profit per facilitare (attraverso i servizi tecnologici implementati da CrossRef.org) l’accesso degli studiosi ai contenuti digitali nelle pubblicazioni professionali e scientifiche
The preoccupation of this study is to give empirical explanations to the existing relationship between oil price dynamics and some selected macroeconomic variables in Nigeria. Specifical-ly, it seeks to identify if the impacts of the changing oil prices on output, investment and un-employment is symmetric or asymmetric. Monthly time series data used in the research was subjected to a nonlinear analysis through the newly developed NARDL. To that effect, our findings reveal that changes in oil prices has asymmetric effects on the chosen macroeconomic variables. Our findings call for different policy formulations for up and down swings in oil prices
Parole chiave:Asymmetric, output, investment, unemployment NARDL.
Jel codes:Q43, C32, C51
- Threshold of currency devaluation and oil price movements that stimulates industrial production David Umoru, Solomon Edem Effiong, Malachy Ashywel Ugbaka, Danjuma Iyaji, Gbenga Oyegun, Francis Ejime Ofie, Kasimu Eshemogie, Anna Nuhu Tizhe, Rafat Hussaini, in Corporate Governance and Organizational Behavior Review /2023 pp.121
DOI: 10.22495/cgobrv7i1p12 - Financial development and environmental sustainability in Nigeria: fresh insights from multiple threshold nonlinear ARDL model Emmanuel Uche, Lionel Effiom, in Environmental Science and Pollution Research /2021 pp.39524
DOI: 10.1007/s11356-021-12843-8 - Oil price, exchange rate and stock price in Nigeria: Fresh insights based on quantile ARDL model Emmanuel Uche, Lionel Effiom, in ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT 1/2021 pp.59
DOI: 10.3280/EFE2021-001004 - Fighting capital flight in Nigeria: have we considered global uncertainties and exchange rate volatilities? Fresh insights via quantile ARDL model Emmanuel Uche, Lionel Effiom, in SN Business & Economics 73/2021
DOI: 10.1007/s43546-021-00082-5
Omoke Philip Chimobi, Uche Emmanuel, Asymmetric impact of oil price shocks on selected macroeconomic variables: NARDL exposition in "ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT" 1/2020, pp 171-189, DOI: 10.3280/EFE2020-001008