DISSERTATION · ORCA Online Research @Cardiff (Cardiff University) · 2019

Multisector small open economy DSGE model for oil exporting countries: The case of Nigeria

Abdulrasheed Zubair

Read original paper ↗

See where this research leads.

A citation map has not been saved for this paper yet.

Open in your workspace →Open your workspace to prepare the citation network.

The paper record is available below. Preparing a network uses the existing account and source-allowance controls.

Papers that cite this work

No saved citation network is available; this does not mean the paper has no citations.

The evidence behind the map

Publication record

Dissertation.

Abstract

Small Open Oil Exporting Countries are often identified with frequent variation in output which in turn affect other macroeconomic fundamentals. This thesis investigates the effect of Oil price shocks, Productivity shocks to Tradeable (oil and non-oil) and Non-tradeable Sectors of the Nigerian economy. The Standard Small Open Economy Dynamic Stochastic General Equilibrium (DSGE) Model is extended by segregating the Tradeable sector into Oil and Non-oil sectors. The model has been estimated by Simulated-based Indirect Inference Method on non-stationary Nigerian data. Using indirect inference test technique which compares the model’s simulated behaviour generated with the actual data as represented by an auxiliary model. The results of the test show that the model has passed the Wald test. The estimated model suggests that oil has changed the structure of the Nigerian economy, but it does not seem that there is a ‘resource curse’ that public policy could have averted. Empirical evidence from the Estimated model indicates that an increase in government spending smoothen the variation of output growth rate from its efficient level and improve welfare of Nigerian household.

Coverage and freshness

Citation coverage has not been established for this paper.

Counts describe saved source records; repository versions may appear separately. A completed source query is not a complete or live citation census. A citation does not prove endorsement or research quality. Counts depend on publication age and index coverage. Colors identify research areas; positions are for readability.

Source: Saved OpenAlex scholarly metadata. Visits to this public page do not acquire new provider data.

Report a correction