publication . Article . Under curation

OIL PRICE VOLATILITY AND INFLATION LEVEL IN NIGERIA: AN EXPONENTIAL GARCH APPROACH

Chinanuife Emmanuel , Magboo Kingsley and Zekeri Momoh;
Open Access
  • Publisher: Zenodo
Abstract
Over the years, expenditures of public and private sectors are regulated by the activities in the oil and gas industry. The budget of Nigeria is hinged on the international price of crude oil and any shock on oil price affects the general activities in the country. With quarterly data from the period of 1981Q1 to 2020Q2, the study uses an exponential generalized autoregressive conditional heteroscedasticity approach to examine oil price volatility and inflation level in Nigeria. An augmented Dicky-Fuller unit root test and bound test cointegration approach were used to test for stationarity and existence of long run association among the variables respectively. ...
Persistent Identifiers
Download from
Any information missing or wrong?Report an Issue