The determinants of current account balance in an oil-rich exporting country: the case of Nigeria

被引：3

作者：

Uneze, Eberechukwu ^{[1
]}

Ekor, Maxwell ^{[2
]}

机构：

[1] Ctr Study Econ Africa, Res, 4 Dep St,Off Danube St, Abuja Fct, Nigeria

[2] Ctr Study Econ Africa, Abuja, Nigeria

来源：

OPEC ENERGY REVIEW | 2012年 / 36卷 / 04期

关键词：

D O I：

10.1111/j.1753-0237.2012.00221.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper examines the determinants of current accounts balance in Nigeria with emphasis on oilrelated variables using the Johansen-Julius vector error correction estimation approach, the impulse response function and the variance decomposition analysis. The results showed that oil price, oil balance and oil revenue are positively related with the current account, with only oil wealth having a significant negative impact in the long run. We find that the impact of oil price on the current balance is only significant in the short run. The variance decomposition analysis indicated that the variance in the current account is better explained by shocks to itself followed by shocks to oil price, oil balance and fiscal balance.

引用

页码：456 / 478

页数：23

共 50 条

[31] Geoeconomic and Geopolitical Dynamics of Water Scarcity in Oil-Rich Economies: The Case of Kuwait
Alzankawi, Abrar
Morales, Lucia
Andreosso-O'Callaghan, Bernadette
Rajmil, Daniel
[J]. PEACE REVIEW-A JOURNAL OF SOCIAL JUSTICE, 2023, 35 (04): : 683 - 694
[32] DEVELOPMENT-PLANNING IN MEXICO - CASE-STUDY OF AN OIL-RICH ECONOMY
VONLAZAR, A
DUERSTEN, AL
DICKINSON, MT
[J]. RESOURCES POLICY, 1979, 5 (03) : 197 - 207
[33] TRADE-POLICY AND INDUSTRIALIZATION IN AN OIL-EXPORTING COUNTRY - THE CASE OF IRAN
KAVOUSSI, RM
[J]. JOURNAL OF DEVELOPING AREAS, 1986, 20 (04): : 453 - 471
[34] Financial development and economic growth in an oil-rich economy: The case of Saudi Arabia
Samargandi, Nahla
Fidrmuc, Jan
Ghosh, Sugata
[J]. ECONOMIC MODELLING, 2014, 43 : 267 - 278
[35] Solar Business in an Oil-Rich Country? A Socio-Technical Investigation of Solar PV Businesses in Iran
Aghlimoghadam, Leila
[J]. SUSTAINABILITY, 2023, 15 (11)
[36] 'Greening' an Oil Exporting Country: A Hydrogen, Wind and Gas Turbine Case Study
Rawesat, Abdulwahab
Pilidis, Pericles
[J]. ENERGIES, 2024, 17 (05)
[37] Paradoxical effect of a pequi oil-rich diet on the development of atherosclerosis: balance between antioxidant and hyperlipidemic properties
Aguilar, E. C.
Jascolka, T. L.
Teixeira, L. G.
Lages, P. C.
Ribeiro, A. C. C.
Vieira, E. L. M.
Peluzio, M. C. G.
Alvarez-Leite, J. I.
[J]. BRAZILIAN JOURNAL OF MEDICAL AND BIOLOGICAL RESEARCH, 2012, 45 (07) : 601 - 609
[38] Linear and asymmetric impacts of oil price shocks in an oil-importing and - exporting economy: the case of Nigeria
Chuku, Chuku A.
[J]. OPEC ENERGY REVIEW, 2012, 36 (04) : 413 - 443
[39] Minority Rights Issues in Nigeria: A Theoretical Analysis of Historical and Contemporary Conflicts in the Oil-Rich Niger Delta Region
Ako, Rhuks T.
Okonmah, Patrick
[J]. INTERNATIONAL JOURNAL ON MINORITY AND GROUP RIGHTS, 2009, 16 (01) : 53 - 65
[40] Macro-determinants of current account balance performance in selected African countries
Abille, Adamu Braimah
Mecik, Oytun
[J]. JOURNAL OF SOCIAL AND ECONOMIC DEVELOPMENT, 2024,

← 1 2 3 4 5 →