Asymmetric effect of oil price on economic growth: Panel analysis of low-income oil-importing countries

This paper examines the impact of oil price on economic growth in seven low-income oil-importing sub-Saharan African (SSA) countries, namely Ethiopia, Gambia, Mali, Mozambique, Senegal, Tanzania and Uganda. Using panel-Auto Regressive Distributive Lag (panel-ARDL), we examined the impact of oil pric...

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Bibliographic Details
Main Authors: Motunrayo O. Akinsola, Nicholas M. Odhiambo
Format: Article
Language:English
Published: Elsevier 2020-11-01
Series:Energy Reports
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2352484719307474