Ghana Economic Growth in Perspective A Time Series Approach to Convergence and Growth Determinants |
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Author:
| Antwi Baafi, Joseph Joseph, Antwi Baafi |
ISBN: | 978-3-639-32350-4 |
Publication Date: | Jan 2011 |
Publisher: | AV Akademikerverlag GmbH & Co. KG
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Book Format: | Paperback |
List Price: | USD $65.00 |
Book Description:
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This book analyses Ghana's Economic Growth pattern. The book attempts a time series approach and adopts the concept of Convergence. The book also develops a return to scale concept on the Ghanaian Economy and lastly determines the main factors for Economic Growth in Ghana. All these analyses were done using a sectoral approach. That is, the main three sectors of the Economy (Agricultural Sector, Industrial Sector and the Service sector). The use of Cobb- Douglas Production function...
More DescriptionThis book analyses Ghana's Economic Growth pattern. The book attempts a time series approach and adopts the concept of Convergence. The book also develops a return to scale concept on the Ghanaian Economy and lastly determines the main factors for Economic Growth in Ghana. All these analyses were done using a sectoral approach. That is, the main three sectors of the Economy (Agricultural Sector, Industrial Sector and the Service sector). The use of Cobb- Douglas Production function necessiated the introduction of Capital and Labour in the Growth equation developed for Ghana