Does oil consumption respond asymmetrically to oil price, exchange rate and income differentials?

• Main Authors: Uche, Emmanuel, Ihezukwu, Veronica Adaku, Osunkwo, Folusho Olufunke Chinyere, Okoronkwo, Chijioke
• Format: Article
• Language: English
• Published: Penerbit Universiti Kebangsaan Malaysia 2021
• Online Access: http://journalarticle.ukm.my/18788/1/jeko_552-5.pdf; http://journalarticle.ukm.my/18788/; https://www.ukm.my/jem/issue/v55i2/

This study empirically evaluates the dynamic effects oil price, income and exchange rate on oil consumption in Algeria, Angola, Nigeria, South Africa, and Tunisia. Specifically, it tries to reveal the differential effects of rising and falling oil prices, economic prosperities and adversaries, as we...