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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 result seems to reflect the dominant role of government in Nigeria. Considering the destabilizing effects of oil price …
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Autoregressive (SVAR) methodology is applied incorporating realized volatility as an indicator of oil price uncertainty to …
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Since the beginning of the 1980s a large number of studies using a vector autoregressive (VAR) model have been made on the macroeconomic effects of oil price changes. However, surprisingly few studies have so far focused on Russia, the world’s second largest oil exporter. The purpose of this...
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The goal of this paper is to examine the impact of crude oil price movements on two macro variables, the gross domestic product (GDP) growth rate and the consumer price index (CPI) inflation rate, in three countries, the People's Republic of China (an emerging economy), Japan, and the United...
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