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

Author

Listed:
  • Geoffrey Ogwang*

    (Mbarara University of Science and Technology, Uganda)

  • Tomson Odongo

    (Makerere University Business School, Uganda)

  • Dick N. Kamuganga

    (Makerere University, Uganda)

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.

Suggested Citation

  • Geoffrey Ogwang* & Tomson Odongo & Dick N. Kamuganga, 2020. "An Assessment of the Effect of World Oil Price Shocks on Uganda’s Official Development Assistance," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 6(5), pages 96-110, 05-2020.
    • Handle: RePEc:arp:ijefrr:2020:p:96-110
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