Effect Of Oil Price Fluctuations On Economic Growth In Nigeria

78 pages ID: ECO1022

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DepartmentEconomics
TypeProject
Pages78
Reference StyleYES
FormatMS Word & PDF
Reference No.ECO1022

Abstract

ABSTRACTThe study evaluated the effects of oil price fluctuations on economic growth in Nigeria. The industrial production index was used as a proxy for gross domestic product that served as a function of oil price, exchange rate and interest rate that are the explanatory variable. The research made used of secondary time series data, The data on industrial production index, exchange rate and interest rate were obtained from the Central Bank of Nigeria Statistical Bulletin while that of oil price were obtained from the United States Energy Information Administration (EIA) from 1986:Q1-2016:Q4 …

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Pages78
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