Olayungbo, D. O.; Umechukwu, Chisom - In: Economic change & restructuring 55 (2022) 4, pp. 2137-2170
The study investigated the effect of oil price shocks on the economies of four selected oil-exporting African countries … stability test, we found asymmetric effects of oil price shocks on output to be significant in Algeria and Egypt while symmetric … effects are found in Gabon and Nigeria. The study discovered that oil price shocks are higher and persist in Algeria and Egypt …