The Nexus In The Volatility In The Price Of Crude Oil On Inclusive Growth In Nigeria (1986 - 2016)

100 pages ID: AEE0218

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DepartmentAgric Economics and Extension
TypeProject
Pages100
Reference StyleYES
FormatMS Word & PDF
Reference No.AEE0218

Abstract

Abstract Nigeria is a mono-product economy, where the main export commodity is crude oil, changes in crude oil prices has effects for the Nigerian economy and, in particular, inclusive growth proxied by per capita GDP. The latter is mostly important due to the double dilemma of being an oil exporting and oil-importing country, a situation that emerged in the last decade. The study examined the effects of oil price, per capita GDP, real exchange rate, inflation, unemployment and interest rate on inclusive growth in Nigeria using yearly data from the year 1986 to 2016. The theoretical framework …

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Pages100
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