The Effects of a Fall in the Price of Oil in a Small-Scale Simulation Model of the Nigerian Economy
Jacob A Afolabi and
Robin Bladen-Hovell
The Manchester School of Economic & Social Studies, 1990, vol. 58, issue 1, 1-19
Abstract:
This paper investigates the effects of a sustained fall in the price of oil in a small-scale macroeconometric model of the Nigerian economy. The main channels through which the effects of an oil price reduction can be transmitted are described and the model structure is outlined. Finally, the authors present the results of a series of counterfactual simulations that attempt to highlight the transmission mechanism of an oil price shock for the Nigerian economy. Copyright 1990 by Blackwell Publishers Ltd and The Victoria University of Manchester
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:bla:manch2:v:58:y:1990:i:1:p:1-19
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