Download Tag: OIL PRICE CHANGES

ABSTRACT    This study examines the impact of oil price changes on the economics growth of Nigeria; this explains that the changes have a negative impact on the GDP (Gross Domestic Product). This change is also known as price volatility. An economic analysis was employed using the method of ordinary least square and from the result of the analysis, it was clear that oil price change has effect/impact on the Gross Domestic Product ...

ABSTRACT Change in oil prices has been occurring since the end of the Second World War. Nowadays, the rate of changes (up and down) in oil price is more pronounced. This has made serious impact on Nigeria as a country practicing a mono cultural economy. This work thus examines the impact of oil price changes on government expenditure in Nigeria (1979–2008), a period of 30 years. Using the Classical Linear ...