Ghana's Economic Growth in Perspective: A time series approach to Convergence and Growth determinants - Couverture souple

Antwi Baafi, Joseph

 
9783843394093: Ghana's Economic Growth in Perspective: A time series approach to Convergence and Growth determinants
Couverture souple
ISBN 10 : 3843394091 ISBN 13 : 9783843394093
Editeur : LAP LAMBERT Academic Publishing, 2011

Synopsis

Some economist have predicted that the slower growing economics will eventually converge with the faster growing economy at some point in the future. This is known as the convergence hypothesis. In this book, we test this hypothesis for Ghana and the Western Europeans countries with UK been a proxy, using time series data to determine whether or not it holds. We determine how fast or slow this convergence process is by using the returns to scale concept on Ghana's economy and latter account for factor that determines economic growth in sectors. The book supported the null hypothesis of convergence i.e. Ghana is catching up with the Western European. The book also shown that Ghana growth accounting exhibit decreasing returns meaning convergence is relatively slow and also signifies that Ghana is not on a balanced growth path. The book showed a negative relationship between GDP and labour both in the long run and short run relationship. Again the book showed a positive relationship between GDP and capital, Agric and Industrial sector. Lastly, the study showed a negative relationship between GDP and AID and Service in the long run.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

Some economist have predicted that the slower growing economics will eventually converge with the faster growing economy at some point in the future. This is known as the convergence hypothesis. In this book, we test this hypothesis for Ghana and the Western Europeans countries with UK been a proxy, using time series data to determine whether or not it holds. We determine how fast or slow this convergence process is by using the returns to scale concept on Ghana's economy and latter account for factor that determines economic growth in sectors. The book supported the null hypothesis of convergence i.e. Ghana is catching up with the Western European. The book also shown that Ghana growth accounting exhibit decreasing returns meaning convergence is relatively slow and also signifies that Ghana is not on a balanced growth path. The book showed a negative relationship between GDP and labour both in the long run and short run relationship. Again the book showed a positive relationship between GDP and capital, Agric and Industrial sector. Lastly, the study showed a negative relationship between GDP and AID and Service in the long run.

Biographie de l'auteur

Masters in Economics (MSc) University of Sodertorns Sweden Bachelor of Arts Honors (Economics) Kwame Nkrumah University of Science and Technology Kumasi - Ghana

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2011
Langue
anglais
ISBN 10 
3843394091
ISBN 13 
9783843394093
Reliure
Broché
Nombre de pages
80
Coordonnées du fabricant
non disponible
Personne responsable
KreGa Onlinehandel GmbH
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info@krega-onlinehandel.de

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Autres éditions populaires du même titre

9783639323504: Ghana Economic Growth in Perspective: A time series approach to Convergence and Growth Determinants

Edition présentée

ISBN 10 :  3639323505 ISBN 13 :  9783639323504
Editeur : VDM Verlag Dr. Müller, 2011
Couverture souple