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ROLE OF SMALL BUSINESSES IN POVERTY REDUCTION IN DEVELOPING COUNTRIES: EVIDENCE FROM ONDO STATE,NIGERIA
Bowale, Kayode Ebenezer; LONGE, PROF. J.B.; DR (MRS) … - EcoMod Network - 2013
, Nigeria-a developing country in Africa.Primary data was used for this study.A questionnaire was used to captured the relevant …
Persistent link: https://www.econbiz.de/10011199238
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A DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM (DSGE) MODEL OF OIL PRICE SHOCKS AND EXCHANGE RATE PASS-THROUGH TO DOMESTIC INFLATION IN NIGERIA
Adebiyi, Adebayo; Mordi, Charles N. O. - EcoMod Network - 2012
Developing economies, like Nigeria, have historically been reluctant to admitting more than a moderate degree of … particular, Nigeria (Alege, 2009). In Nigeria, with the pioneering work of Olekah and Oyaromade (2007) in this area, other … estimate the extent and the speed of oil price shocks and exchange rate pass-through to domestic prices in Nigeria using a …
Persistent link: https://www.econbiz.de/10010902563
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MACROECONOMIC IMPACT OF OIL PRICE SHOCKS ON OIL RICH ECONOMIES: EVIDENCE FROM NIGERIA USING A STRUCTURAL VAR APPROACH
Iklaga, Fred; Iklaga, Fred Ogli; Evbuomwan, Osaretin Paul - EcoMod Network - 2012
The distorting effects of oil price shocks on oil rich economies are also significant depending on the level of their vulnerability to external shocks. The paper assesses the impact of these shocks on macroeconomic variablesStructural VAR AnalysisThe results show that oil prices have...
Persistent link: https://www.econbiz.de/10010902588
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Macroeconomic stability and the impact of foreign aid on economic growth in Nigeria
Agbontaen, Osaro; Iyoha, Milton - EcoMod Network - 2013
1. Identify unanticipated shocks in foreign aid. 2. Examining how macroeconomic stability constraints foreign aid and hinders the drives of growth. Vector Auto-regression Model 1. Estimates of the innovations of foreign aid shocks to macroeconomic variables shocks generates inconsistencies that...
Persistent link: https://www.econbiz.de/10010902723
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Resilience capacity of South countries with respect to the global economic crisis: an empirical comparative analysis of Sub-Saharan African and Latin American countries
Lessoua, Albert; Diaw, Diadié; Sokic, Alexandre; … - EcoMod Network - 2013
This paper deals with the problem of vulnerability of developing countries and their resilience capacity with respect to external shocks. The analysis particularly considers the countries of Latin America and Sub-Saharan Africa. Although the transmission risks of the 2007 financial crisis were...
Persistent link: https://www.econbiz.de/10010902730
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Eurozone crisis: What’s that got to do with AFRICA?
osuagwu, ugochukwu; KEHINDE, OYENIYI - EcoMod Network - 2014
The eurozone debt crisis is threatening to undermine the economic fabrics of not only the 17 countries that signed up to the currency, but also the rest of the key member states such as the United Kingdom, Sweden and Denmark who have not. The reverberations of any economic fallout from that will...
Persistent link: https://www.econbiz.de/10010933245
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Business Cycles in Oil Exporting Countries: A Declining Role for Oil?
Huseynov, Salman; Ahmadov, Vugar - EcoMod Network - 2014
In this paper, we investigate business cycle regularities in oil exporting countries. We ask the question whether oil exporting countries are all alike or whether economic fluctuations and the response dynamics of macroeconomic variables are similar. Besides we also test for the possible sources...
Persistent link: https://www.econbiz.de/10010933260
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Domestic impact of production cuts in OPEC countries: The cases of Nigeria and Venezuela
Key-Hernández, Ramón E.; Villarroel, Claudina - EcoMod Network - 2014
on Nigeria and Venezuela, founding members of OPEC countries. These two countries together account for 15% of current … OPEC production (6% Nigeria, Venezuela 9%) and 28% of proven oil reserves (3% and 25% respectively). The cases of Nigeria … countries reached proportions that are superior to most other OPEC countries (Nigeria 35% and Venezuela 19%), with the notable …
Persistent link: https://www.econbiz.de/10010937991
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FACTOR-AUGMENTED VECTOR AUTOREGRESSIVE (FAVAR) ANALYSIS OF MONETARY POLICY IN NIGERIA
Adebiyi, Adebayo; Mordi, Charles N. O. - EcoMod Network - 2012
in Nigeria. The results provide a comprehensive and coherent picture of the effect of monetary policy on the Nigerian …
Persistent link: https://www.econbiz.de/10010886642
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Output growth, inflation and exchange volatility: Implication for economic stability
Agbontaen, Osaro; Enase, Okonedo - EcoMod Network - 2014
made the Nigeria economy susceptible to external shocks. Scholars with this opinion agree that it distorts optimal …
Persistent link: https://www.econbiz.de/10010886653