Adedokun, Adebayo - In: Future Business Journal 4 (2018) 2, pp. 219-232
The study employed data from 1981 to 2014 to investigate the effects of oil shocks (price and revenue) on the dynamic … diversifications along other less volatile sources of revenues so as to prevent long-run transmission of effects of oil shocks on … spend-tax hypothesis exists in the long-run between total expenditures and total revenues. It is also evidenced that oil …