Empirical analysis of the demand for petroleum products in Nigeria

dc.contributor.authorOnwioduokit, E.A.
dc.contributor.authorAdenuga, A.O.
dc.date.accessioned2018-10-17T12:33:57Z
dc.date.available2018-10-17T12:33:57Z
dc.date.issued2000-09-01
dc.description.abstractThe paper identifies the various variables in the consumption framework for policy simulation purposes regarding energy planning in the country. Elasticities were also estimated for proportions of GOP contributed by agriculture, manufacturing and seNices. The empirical findings reveal that urbanisation was one of the principal factors that has a positive impact on the consumption of liquified petroleum gas and premium motor spirit. The impact of urbanisation on the consumption of household kerosene is negative, showing that kerosene is not urbai"lisation elastic. The policy implications of the findings include the need to keep track of the proportion of the population moving into the urban centres, and the relative shift in the importance of the major sectors of the economy. These were significant in the estimation of the demand for petroleum products.en_US
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dc.description.provenanceMade available in DSpace on 2018-10-17T12:33:57Z (GMT). No. of bitstreams: 1 Empirical analysis of the demand for petroleum products in nigeria.pdf: 1031093 bytes, checksum: 8b501ee584161234edb1242f5d72badc (MD5) Previous issue date: 2000-09-01en
dc.description.sponsorshipCentral Bank of Nigeriaen_US
dc.identifier.citationOnwioduokit E.A. and Adenuga A.O. (2000), Empirical analysis of the demand for petroleum products in Nigeria: Economic and Financial Review. 38(3), 33-58en_US
dc.identifier.issn1957 - 2968
dc.identifier.urihttp://repo.cbn.gov.ng/jspui/handle/123456789/378
dc.language.isoenen_US
dc.publisherCentral Bank of Nigeria, Research Department.en_US
dc.relation.ispartofseriesVoulme 38;Number 3
dc.subjectPetroleum producten_US
dc.subjectOil and Gasen_US
dc.subjectNigeriaen_US
dc.titleEmpirical analysis of the demand for petroleum products in Nigeriaen_US
dc.typeArticleen_US

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