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An Assessment of the Effect of World Oil Price Shocks on Uganda’s Official Development Assistance

Journal: International Journal of Economics and Financial Research (Vol.6, No. 5)

Publication Date:

Authors : ;

Page : 96-110

Keywords : World oil price shocks; Official development assistance; Uganda.;

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Abstract

This study assesses the effect of world oil price shocks on Uganda's official development assis-tance using Structural Vector Autoregressive Model (SVAR). The results in this study show in-significant pass-through effect of world oil price shocks to Uganda's Official Development As-sistance received in the period under the study. The policy implication in this study is that Offi-cial Development Assistance received by Uganda is independent of world oil price shocks.

Last modified: 2020-06-22 22:35:58