{"id":"https://openalex.org/W2965458998","doi":"https://doi.org/10.5281/zenodo.3262260","title":"Oil Price Shocks and Macroeconomic Instability in Nigeria: Evidence from GVAR","display_name":"Oil Price Shocks and Macroeconomic Instability in Nigeria: Evidence from GVAR","publication_year":2019,"publication_date":"2019-06-29","ids":{"openalex":"https://openalex.org/W2965458998","doi":"https://doi.org/10.5281/zenodo.3262260","mag":"2965458998"},"language":"en","primary_location":{"id":"pmh:oai:ojs.www.ijceas.com:article/261","doi":null,"is_oa":true,"landing_page_url":"http://ijceas.com/index.php/ijceas/article/view/261","pdf_url":"http://ijceas.com/index.php/ijceas/article/view/261","source":{"id":"https://openalex.org/S4306513928","display_name":"International Journal of Contemporary Economics and Administrative Sciences","issn_l":"1925-4423","issn":["1925-4423"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["erih-plus","poland-20","russia-white-list-4"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Contemporary Economics and Administrative Sciences; Vol 9 No 1 (2019): IJCEAS; 94-118","raw_type":"info:eu-repo/semantics/article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["datacite"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"http://ijceas.com/index.php/ijceas/article/view/261","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5056318778","display_name":"Nawasi Uba Jibril","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I59944920","display_name":"Ya\u015far University","ror":"https://ror.org/00dz1eb96","country_code":"TR","type":"education","lineage":["https://openalex.org/I59944920"]}],"countries":["TR"],"is_corresponding":false,"raw_author_name":"JIBRIL, Nawasi Uba","raw_affiliation_strings":["Graduate Student, Ya\u015far University, Izmir, Turkey","Yasar University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Graduate Student, Ya\u015far University, Izmir, Turkey","institution_ids":["https://openalex.org/I59944920"]},{"raw_affiliation_string":"Yasar University","institution_ids":["https://openalex.org/I59944920"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5030359928","display_name":"Umut Hala\u00e7","orcid":"https://orcid.org/0000-0001-7540-4219","observed_orcids":["https://orcid.org/0000-0001-7540-4219"]},"institutions":[{"id":"https://openalex.org/I59944920","display_name":"Ya\u015far University","ror":"https://ror.org/00dz1eb96","country_code":"TR","type":"education","lineage":["https://openalex.org/I59944920"]}],"countries":["TR"],"is_corresponding":false,"raw_author_name":"HALA\u00c7, Umut","raw_affiliation_strings":["Assiociate Professor, Ya\u015far University, Izmir, Turkey","Yasar University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Assiociate Professor, Ya\u015far University, Izmir, Turkey","institution_ids":["https://openalex.org/I59944920"]},{"raw_affiliation_string":"Yasar University","institution_ids":["https://openalex.org/I59944920"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I59944920"],"apc_list":null,"apc_paid":null,"fwci":0.2964,"has_fulltext":true,"cited_by_count":3,"citation_normalized_percentile":{"value":0.66487,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":95},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9976000189781189,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9976000189781189,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.002099999925121665,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11898","display_name":"Economics of Agriculture and Food Markets","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/oil-price-shocks","display_name":"oil price shocks","score":1.0},{"id":"https://openalex.org/keywords/macroeconomic-instability","display_name":"macroeconomic instability","score":0.9829999804496765},{"id":"https://openalex.org/keywords/nigeria","display_name":"Nigeria","score":0.8679999709129333},{"id":"https://openalex.org/keywords/spillover-effects","display_name":"spillover effects","score":0.8820000290870667},{"id":"https://openalex.org/keywords/real-gdp","display_name":"real GDP","score":0.6510000228881836},{"id":"https://openalex.org/keywords/inflation","display_name":"inflation","score":0.9950000047683716},{"id":"https://openalex.org/keywords/short-term-interest-rates","display_name":"short-term interest rates","score":0.8659999966621399},{"id":"https://openalex.org/keywords/money-supply","display_name":"money supply","score":1.0},{"id":"https://openalex.org/keywords/real-effective-exchange-rate","display_name":"real effective exchange rate","score":0.9980000257492065},{"id":"https://openalex.org/keywords/global-vector-autoregression","display_name":"global vector autoregression","score":0.6100000143051147},{"id":"https://openalex.org/keywords/oil-exporting-countries","display_name":"oil-exporting countries","score":0.6209999918937683}],"concepts":[{"id":"https://openalex.org/C2984556133","wikidata":"https://www.wikidata.org/wiki/Q297279","display_name":"Oil price","level":2,"score":0.7003024816513062},{"id":"https://openalex.org/C207821765","wikidata":"https://www.wikidata.org/wiki/Q405372","display_name":"Instability","level":2,"score":0.6986114382743835},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6851592063903809},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4895254373550415},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4072090983390808},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.3940547704696655},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.38909533619880676},{"id":"https://openalex.org/C57879066","wikidata":"https://www.wikidata.org/wiki/Q41217","display_name":"Mechanics","level":1,"score":0.13554322719573975},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.10672172904014587}],"mesh":[],"locations_count":4,"locations":[{"id":"pmh:oai:ojs.www.ijceas.com:article/261","doi":null,"is_oa":true,"landing_page_url":"http://ijceas.com/index.php/ijceas/article/view/261","pdf_url":"http://ijceas.com/index.php/ijceas/article/view/261","source":{"id":"https://openalex.org/S4306513928","display_name":"International Journal of Contemporary Economics and Administrative Sciences","issn_l":"1925-4423","issn":["1925-4423"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["erih-plus","poland-20","russia-white-list-4"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Contemporary Economics and Administrative Sciences; Vol 9 No 1 (2019): IJCEAS; 94-118","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:zenodo.org:3262261","doi":null,"is_oa":true,"landing_page_url":"https://zenodo.org/record/3262261","pdf_url":"https://zenodo.org/record/3262261","source":{"id":"https://openalex.org/S4306400562","display_name":"Zenodo (CERN European Organization for Nuclear Research)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I67311998","host_organization_name":"European Organization for Nuclear Research","host_organization_lineage":["https://openalex.org/I67311998"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"International Journal of Contemporary Economics and Administrative Sciences 9(1) 94-118","raw_type":"info:eu-repo/semantics/article"},{"id":"doi:10.5281/zenodo.3262260","doi":"https://doi.org/10.5281/zenodo.3262260","is_oa":true,"landing_page_url":"https://doi.org/10.5281/zenodo.3262260","pdf_url":null,"source":{"id":"https://openalex.org/S4306400562","display_name":"Zenodo (CERN European Organization for Nuclear Research)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I67311998","host_organization_name":"European Organization for Nuclear Research","host_organization_lineage":["https://openalex.org/I67311998"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article-journal"},{"id":"doi:10.5281/zenodo.3262261","doi":"https://doi.org/10.5281/zenodo.3262261","is_oa":true,"landing_page_url":"https://doi.org/10.5281/zenodo.3262261","pdf_url":null,"source":{"id":"https://openalex.org/S4306400562","display_name":"Zenodo (CERN European Organization for Nuclear Research)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I67311998","host_organization_name":"European Organization for Nuclear Research","host_organization_lineage":["https://openalex.org/I67311998"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article-journal"}],"best_oa_location":{"id":"pmh:oai:ojs.www.ijceas.com:article/261","doi":null,"is_oa":true,"landing_page_url":"http://ijceas.com/index.php/ijceas/article/view/261","pdf_url":"http://ijceas.com/index.php/ijceas/article/view/261","source":{"id":"https://openalex.org/S4306513928","display_name":"International Journal of Contemporary Economics and Administrative Sciences","issn_l":"1925-4423","issn":["1925-4423"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["erih-plus","poland-20","russia-white-list-4"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Contemporary Economics and Administrative Sciences; Vol 9 No 1 (2019): IJCEAS; 94-118","raw_type":"info:eu-repo/semantics/article"},"sustainable_development_goals":[{"score":0.6022999882698059,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2965458998.pdf","grobid_xml":"https://content.openalex.org/works/W2965458998.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2536522592","https://openalex.org/W7220640631","https://openalex.org/W7212683109","https://openalex.org/W2903119565","https://openalex.org/W7097282325","https://openalex.org/W7126263179","https://openalex.org/W4312569857","https://openalex.org/W2047499929","https://openalex.org/W7215992646","https://openalex.org/W2572957544"],"abstract_inverted_index":{"Abstract":[0],"The":[1,59,104,122],"study":[2,126],"examines":[3],"the":[4,32,49,56,83,99,109,125,149],"relationship":[5],"between":[6],"oil":[7,41,87,132],"price":[8,42,88,133],"shocks":[9,43],"and":[10,77,119,158],"selected":[11],"macroeconomic":[12],"variables":[13,60],"in":[14,30,131,137,148],"Nigeria.":[15],"It":[16],"adopts":[17],"a":[18,36,145],"Global":[19],"Vector":[20],"Autoregressive":[21],"(GVAR)":[22],"model,":[23],"which":[24],"includes":[25],"Nigeria's":[26],"major":[27],"trade":[28],"partners,":[29],"examining":[31],"relationship.":[33],"This":[34],"provides":[35],"holistic":[37],"picture":[38],"of":[39,124,154],"how":[40],"are":[44,62,107],"conveyed":[45],"to":[46,102,135],"Nigeria":[47,155],"via":[48],"first":[50],"round":[51],"as":[52,54,82,91,142,144],"well":[53,143],"through":[55],"spillover":[57],"effects.":[58],"employed":[61],"Real":[63],"Gross":[64],"Domestic":[65],"Product":[66],"(y),":[67],"inflation":[68,157],"(Dp),":[69],"short-term":[70,159],"interest":[71,160],"rate":[72,161],"(r),":[73],"money":[74,140],"supply":[75,141],"(ms),":[76],"real":[78,138,150],"effective":[79,151],"exchange":[80,152],"(epeps)":[81],"domestic":[84],"variables,":[85],"while":[86,156],"is":[89],"included":[90,106],"global":[92],"variable.":[93],"Quarterly":[94],"data":[95],"were":[96],"used":[97],"spanning":[98],"period":[100],"1979Q2":[101],"2013Q1.":[103],"economies":[105],"Nigeria,":[108],"United":[110,117],"States,":[111],"Euro":[112],"Area,":[113],"India,":[114],"China,":[115],"Brazil,":[116],"Kingdom":[118],"South":[120],"Africa.":[121],"findings":[123],"reveal":[127],"that":[128],"an":[129],"upsurge":[130],"leads":[134],"increase":[136,147],"output,":[139],"mild":[146],"rates":[153],"fall.":[162]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2020,"cited_by_count":1}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2019-08-13T00:00:00"}
