Redirigiendo al acceso original de articulo en 22 segundos...
ARTÍCULO
TITULO

The Influence of Oil Price Uncertainty on Economic Activities in Nigeria

Samson Ogege    
Tarila Boloupremo    

Resumen

This paper seeks to appraise the uncertainty of oil price influence on the activities of Nigerian economy with regard to human development in Nigeria. The research utilized the annual time series data spanning between 1981-2018, and the stationarity of the observed variables was tested by carrying out a unit root test and the stationarity of most of the observed variables were revealed at first difference. The secondary data employed were analyzed with the aid of least square technique of data analysis to assess the association between the observed variables. In response to the outcomes of the analysis, it was revealed that crude oil price positively and insignificantly influences life expectancy, but significantly influences consumption per capital and contrarily, it revealed negative and insignificant influence on physical quality of life and education index. It was inferred by the study that, there is existence of a comparative association of oil price with the indicators of Nigerian economic development. However, there is divergence of influence of the mechanisms of economic attributes as well as performance indicators. The study recommends that, a strict measure of monetary policy should be adopted by the government to regulate the rates of interest and inflation in the economy on a regular basis.

 Artículos similares

       
 
Samson Ogege, Tarila Boloupremo     Pág. 18 - 24

 
Firna Varina,Sri Hartoyo,Nunung Kusnadi,Amzul Rifin     Pág. 89 - 93
The main objective of the present study is to analyze the technical efficiency (TE) and evaluate its determinant in smallholder oil palm farming in Indonesia.  The stochastic frontier analysis was applied to 20,409 selected oil p... ver más

 
Hamdan Abdul Hafidh Al-Farsi     Pág. 87 - 95
This paper assesses  the  level of adoption and implementation of enterprise risk management (ERM) in Oman publicly listed companies and explores the influence of Chief Risk Officer (CRO) on ERM effectiveness. The data was collected using a str... ver más

 
Hassan Tawakol A. Fadol     Pág. 118 - 128
Studies employ various methods to explain the presence of the Impact of the macroeconomic indicators shocks on non-oil exports, including applying models to the case of emerging economies. However, the non-oil exports have different determinants in some ... ver más

 
Rama Krishna Yelamanchili     Pág. 81 - 86
In this paper we examine the co-movement and casual relationship between economic indicators and automobile index. We postulate that leading and coincident economic indicators will help explain, cause, and predict movements in automobile index. To test o... ver más