How Distortionary are Oil Price Shocks to Consumer Prices? Empirical Evidence from Nigeria Using Dynamic Co-Integration Models
N. Adedeji Abdulkabir, Musa Mohammed, M. Talba Jibrin & M. Ajayi Jiddah · Journal of Economics, Management and Trade · 2019
This paper examines the response of consumer prices to the oil price shocks in Nigeria. The current oil price slump and its slowness to rise for giving hope to economic recovery pose a threat to many oil-backed economies, particularly Nigeria. As such, oil price and consumer pric...
Open access
Research Article
10.9734/jemt/2019/v22i530104