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Crude Oil Price of Bonny Light (OILP) from 1996-2015 were culled from Central Bank of Nigeria Statistical Bulletin, World …This study examines the effect of corruption on crude oil revenue earnings in Nigeria (1996-2015). It investigates the … extent to which corrupt practices and oil prices can affect crude oil revenue earnings. To achieve these objectives …
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Oil resources are neither a curse nor a blessing. The sound management of these resources can make them beneficial or … otherwise. In order to translate Ghana's oil resources into inclusive development amid high expectations, several laws and …, spending from petroleum revenues appears to be rather thinly spread and not efficient. This defeats the purpose of …
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Using copulas, we investigate the pairwise dependence structures between two risk factors, oil price and aggregate … market index price, and the US oil and gas sub-sector indices. We also explore the out-of-sample hedging performance of a … strategy with the hedging strategy for minimizing the volatility of hedged portfolios using five hedging performance measures …
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