ABSTRACT Ghana government recognizes the importance of education on social outcomes such as growth, poverty, health, productivity, population growth, among others things, through Human Capital Theory introduced by Becker in 1964. At the household level, price of education and household income are factors household consider in demanding education. In view of that, this study seeks to estimate the sensitivity of household demand for each level of education in Ghana with respect to price of educ...
ABSTRACT In spite of the lack of any concrete empirical study establishing the causal interaction between inflation, foreign direct investment and economic growth in Ghana, the Bank of Ghana since 2002 has been pursuing inflation targeting monetary policy at reducing inflation with the ultimate aim of achieving high and sustainable economic growth. This calls for this study which seeks to explore linkages between inflation, foreign direct investment and economic growth in Ghana using annual t...
ABSTRACT Governments all over the world, specifically, Sub-Saharan African countries aim to attain economic growth and sustainable development. Economic growth is often financed with tax revenue. However, governments are not able to mobilize adequate tax revenue as a result of tax non-compliance. Previous research on tax compliance found that both economic and non-economic factors influence tax payment propensity. In recent times, studies focus on noneconomic factors because they offer a bet...
ABSTRACT In this research paper, attempts are made to identify determinants of demand for diesel in Uganda. The study estimates diesel demand using time series data starting from 1981 to 2010. The primary objective of this study is to investigate the determinants of demand for diesel in Uganda. In addition it estimates demand elasticity for diesel in Uganda using time series econometric techniques. Accordingly, the study used a double logarithm model to investigate this issue together with a...
ABSTRACT Tuberculosis remains a major health problem affecting about a third of the world population despite a number of preventive and control measures taken in the past few decades. Eighty-five percent of all Tuberculosis cases are concentrated in Asia and Africa due to lack of education and health infrastructure. This study examines the “effect of education on Tuberculosis control in the Eastern Region of Ghana: A case of Lower Manya Krobo and New Juaben Municipalities”. To obtain this...
ABSTRACT This paper investigates how the tax systems impact the country‟s economic growth and income distribution over the period 1996 to 2016. The study uses a single equation method in determining the relationship that exists between tax structures and economic growth and income inequality. This study contributes to the literature in country-specific studies particularly in Tanzania as it introduces the impact of tax structure on economic growth and income inequality. The study hence emp...
ABSTRACT Governments’ role in fostering accelerated economic growth is very significant and plays a key role in poverty reduction for most developing economies, for which most Sub-Sahara African countries are dominant. The effect of public spending on economic growth with its attending policy implications has ignited the interest of researchers both theoretically and empirically. The study set out to determine the effect of total government spending on economic growth in Sub-Saharan Africa....
ABSTRACT The Economic Community of West African States (ECOWAS) after its establishment in 1975, was tasked with a major responsibility of enhancing intra-ECOWAS trade. This led to the establishment of the ECOWAS Trade Liberalization Scheme (ETLS) in 1990 – a mechanism designed to ensure that trade is fully liberalized in West Africa. Intra-ECOWAS trade according to the International Monetary Fund Direction of Trade Statistics (IMF DOTS) and the United Nations Conference on Trade and Develo...
ABSTRACT Access to safe and effective family planning services and contraception empowers women to have more control over when to have children and lessens the incidence of unsafe abortions that may lead to deaths. Among socio-economic factors that influence contraceptive use and its choice, price is a likely factor which has not been fully explored in most researches. Thus removing all possible barriers from contraceptive use may help achieve Millennium Development Goals (MDGs) 4 and 5. This...
ABSTRACT Ghana continues to contribute troops to UN peacekeeping operations across the globe and presently Ghana is the eighth (8th) largest contributor of military personnel for UN peacekeeping operations in the world. Subsequently, several reasons motivate countries (Ghana) to participate in UN peacekeeping operations. These reasons could be classified under economic benefits, institutional benefits and political stability. This study seeks to explore socio-economic factors that influence G...
ABSTRACT User fees have been in place since 1985 and have over the years generated a lot of debates and arguments in Ghana. This study aimed to investigate the impact of cost sharing policies, otherwise known as user fees on the utilisation of health care facilities in the Tema District of the Greater Accra Region of Ghana. Other issues such as how households rank other available alternatives to public health facilities, households’ views on the user fees concept, the effectiveness of the e...
Abstract Decomposing economic time series into their temporary and permanent components have followed two broad paths: trend versus difference stationary models and detrending versus filtering. Whereas the former breaks down due to their inability to capture the underlying data generation process (dgp), the latter are either one sided filters or are based on ad hoc procedures in achieving parsimony. In this paper, we propose structural time series models in which trends, cycles, seasonal comp...
Unemployment is often cited as one of the macro-economic indicators measuring the strength and growth of an economy. Given that the youth are three times more likely to be unemployed, it is only prudent that in addressing issues of unemployment, programs, and policies are structured to address youth unemployment. In an attempt to better understand the dynamics of youth unemployment this study takes a brief look at the patterns of unemployment in Sub Saharan Africa, particularly Ghana, to...
ABSTRACT Unemployment is often cited as one of the macro-economic indicators measuring the strength and growth of an economy. Given that the youth are three times more likely to be unemployed, it is only prudent that in addressing issues of unemployment, programs, and policies are structured to address youth unemployment. In an attempt to better understand the dynamics of youth unemployment this study takes a brief look at the patterns of unemployment in SubSaharan Africa, particularly Ghana,...
International trade has enormous impact on a country’s economic growth and development as a whole. Governments in every part of the globe pursue various economic policies aimed at improving trade and enhancing economic development. The trade balance is a major indicator in determining a country’s trade performance on the international market. An improved trade balance will improve a country’s current account balance and GDP as a whole and vice versa. Unfortunately, most of the econ...