International records / OpenAlex research

Oil Price Volatility and Economic Growth in Nigeria: A Dynamic Analysis

This study examines the impact of oil price volatility on Nigeria's economic growth. It studies the relationship between oil price changes and economic growth. It also studies the impact of oil price volatility on growth and the contribution of oil price volatility to growth fluctuation. The study is based on the Dutch Disease Hypothesis and is based on data from years 1980 to 2024 from official national and international sources. In this study, oil price volatility was analyzed and measured with the GARCH (1,1) model, while ARDL, VECM, Variance Decomposition, and Impulse Response were conduct…