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Oil Price Shocks and Economic Growth in Nigeria under President Bola Ahmmed Tinubu: COVID-19 Intervention

The impact of oil price shocks on the economy during emergency of Coronavirus has occupied the attention of researchers for almost four years. Though, most Nigeria-based studies are not like this, this paper explores alternative measures of oil price shocks that have been developed in the literature with a view to ascertaining the extent to which conclusions about oil price-growth depends on the definition of shocks adopted during pandemic. The relatively recent regime dependent logic regression threshold autoregressive model, together with impulse response functions and forecast error varianc…

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