Oil Price Instability And Industrial Sector Output In Nigeria

105 pages Chapters 1-5 ID: ECO0002

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DepartmentEconomics
TypeProject
Pages105
Chapters1-5
MethodologyRegression Analysis
Reference StyleYES
FormatMS Word & PDF
Reference No.ECO0002

Abstract

 ABSTRACTThis paper analyses oil prics stability and industrial sector output in Nigeria. Results show that the impactof oil price on industrial sector output is asymmetric in nature; with the impact of oil price decrease significantly greater than oil price increase. Also, from the variancedecompositions, oil price changes play a significant role in determining the variance decompositions of output and prices. The implication is that any policy that is aimed at moving the economy forward must focus on price stability in which changes in oil price play a significant role. CHAPTER ONE…

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Full material

₦ 7,500 $(39)
Pages105
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