ABSTRACT The high maternal and child mortality rates of 500 per 100,000 and 128 per 1,000 live births are major research and health policy concerns often caused by inequity in utilisation of basic maternal and child healthcare in Nigeria. Although existing literature provided estimates of determinants of maternal and child healthcare utilisation, inequity in maternal and child healthcare utilisation has not been given adequate attention. This study, therefore, examined horizontal inequity in...
ABSTRACT The study examined the growth impact of government consumption, interest and transfer payments in Ghana. A quarterly time series data from 1984 to 2015 was utilised. The maximum likelihood estimation (MLE) technique was employed, and cointegration among the variables was established within the framework of autoregressive distributed lag (ARDL). A Pair-wise Granger-causality test was adopted to explore the direction of causality between government expenditure components (consumption, ...
ABSTRACT The study examined the relationship between electricity consumption and economic growth in Ghana using annual data for the period 1971 to 2010 by employing autoregressive distributed lag (ARDL) approach to cointegration. The study found a cointegrating relationship among the variables when real GDP was used as the dependent variable and no cointegrating relationship among the variables when electricity consumption was used as the dependent variable. The bounds test results revealed ...
ABSTRACT Inflation Targeting as a monetary policy has been adopted widely by many countries both developed and developing. The Bank of Ghana, adopted Inflation Targeting in 2002 but made an official announcement of its use in 2007, making Ghana the second country to adopt Inflation Targeting in Africa after South Africa. This study sought to determine the effects of Inflation Targeting on the Inflation Rate, Economic Growth, the Exchange Rate and the growth in Money Supply of Ghana. The study...
ABSTRACT Financial institutions are the main intermediation channels between saving and investment in a country. Bank efficiency allows for mobilizing of savings from diverse sources and allocate it to more productive activities for economic growth. This study carries out a comparative analysis of technical efficiency for listed and unlisted banks in Ghana. Using panel annual financial data from eleven (11) banks starting from 2009 to 2013, the study employed the Stochastic Frontier Approach ...
ABSTRACT It was until the early 1990’s that economists began to place greater emphasis on the role of human capital development as the basic rock for development. Using a multi-stage sampling technique, the researcher interviewed a sample of 868 households in rural Ghana. The study adopted unitary model of intra household decision model to examine parents’ expectation and investment in children’s education in rural Ghana. The study revealed that the probability that children getting the...
ABSTRACT High and rising inflation is not good news with a resultant general dislike for it. Indeed, Inflation has very significant effects on the economy and the welfare of the population. It is generally accepted that when inflation is too high it has detrimental effects such as wiping away savings and even redistributing incomes among others. However, when it is too low too it could discourage the investments required to propel economic growth and increase welfare. Monetary policy has been...
ABSTRACT It was until the early 1990’s that economists began to place greater emphasis on the role of human capital development as the basic rock for development. Using a multi-stage sampling technique, the researcher interviewed a sample of 868 households in rural Ghana. The study adopted unitary model of intra household decision model to examine parents’ expectation and investment in children’s education in rural Ghana. The study revealed that the probability that children getting the...
The study examined the growth impact of government consumption, interest and transfer payments in Ghana. A quarterly time series data from 1984 to 2015 was utilised. The maximum likelihood estimation (MLE) technique was employed, and cointegration among the variables was established within the framework of autoregressive distributed lag (ARDL). A Pair-wise Granger-causality test was adopted to explore the direction of causality between government expenditure components (consumption, transfer ...
ABSTRACT Recognizing the potential of Mutual Health Organizations (MHOs) to eliminate user fees and increase utilization of health care services in the country, the government of Ghana enacted the National Health Insurance Act in 2003, mandating the establishment of district-wide MHOs. The purpose of this study was to analyze the effects of the National Health Insurance Scheme (NHIS) on the probability of utilizing outpatient care and expenditure in the Mfantseman Municipality of the Central ...
ABSTRACT In the quest to improve the economic fortunes of developing countries, varieties of trade preferences have been introduced. This mechanism appears to be in support of the ‘trade not aid’ campaign. The AGOA trade preference enacted by the US in the year 2000 is one that has received much recognition in Sub Saharan Africa as a means of boosting export hence economic development. The importance of trade, especially in the developing countries calls for the need to study the effects ...
ABSTRACT The study examined the impact of exports on economic growth in Ghana using annual data for the period 1980 to 2013. Applying popular time series econometric techniques of cointegration and vector error correction estimation, the study sought to explore long-run and short-run relationships between exports and gross domestic product (GDP). The Johansen‟s cointegration test revealed the existence of long-run relationships between real GDP, exports, gross capital formation and labour i...
ABSTRACT Free-trade policies across countries have allowed an influx of diverse nonalcoholic drinks into Ghana. Frequent consumption of such drinks may contribute to non-communicable diseases (NCDs). The study evaluated the microbial quality and physico-chemical properties of selected non-alcoholic drinks in the Cape Coast Metropolis. Out of 122 non-alcoholic drinks catalogued, 22 were analysed. Aerobic mesophilic counts, total coliforms (TC), faecal ...
ABSTRACT The study recognizes the fact that both public and private sectors in the formal economy need the relevant human resource to ensure growth and development of the economy of Ghana. Any significant disparities in earnings between these two sectors for workers of identical productivity-related characteristics have the potential effect of denying the low paying sector of the quality labour it would need. Using data from the fourth Ghana Living Standard Survey, it was revealed ...
ABSTRACT Repeat borrowing is essential for long term financial sustainability of Microfinance Institutions (MFIs). This long term financial sustainability is threatened by high client exit, that is, premature termination of the borrowing relationship. In view of the above, the purpose of this study is to investigate the reasons for clients exit and to determine the factors that influence the length of the MFI-client borrowing relationship. A duration model (semiparametric model) is us...