Could Oil Sector Revenue Displace Manufactures Export? Evidence from Selected Oil-Rich African Countries

This study investigated if revenue from the oil sector displaced export of manufactures in oil-rich African countries over period 2000 to 2020. Using panel ARDL model, findings indicate that short run, rents had an insignificant positive impact on for all sampled. However, long was positive. The run results individual revealed improved Nigeria and Ghana, while Libya, Algeria Gabon adverse. therefore concludes displacement by proceeds occurred at country-specific levels selected countries. Consequently, suggests these should be used develop facilities encourage development manufacturing sector.