Afolabi, Jacob A; Bladen-Hovell, Robin - In: The Manchester School of Economic & Social Studies 58 (1990) 1, pp. 1-19
This paper investigates the effects of a sustained fall in the price of oil in a small-scale macroeconometric model of the Nigerian economy. The main channels through which the effects of an oil price reduction can be transmitted are described and the model structure is outlined. Finally, the...