This study examines the consequences of oil price volatility on the growth of the Nigerian economy within the period …, oil price volatility impacted directly on real government expenditure, real exchange rate and real import, while impacting …

This paper presents estimates of the effects that terms of trade volatility has on real GDP per capita growth. Based on … volatility has significant adverse effects on economic growth in countries with procyclical government spending; in countries … where government spending is countercyclical terms of trade volatility has no significant effect on growth. Conditional on …

This paper analyses the effects in terms of size and volatility of government revenue and spending on growth in OECD … taxes (size and volatility); ii) social contributions (size and volatility); iii) government consumption (size and … volatility); iv) subsidies (size); and v) government investment (volatility) have a sizeable, negative and statistically …