scholarly journals Economic Multipliers and Sectoral Linkages: Ghana and the New Oil Sector

Author(s):  
Dennis Nchor ◽  
Tomáš Konderla

The study seeks to assess the structure of the economy of Ghana in terms of changes in the economic structure before and after the production of oil in commercial quantities. This is viewed with regards to economic multipliers, sectoral interdependence and trade concentration. The results show that changes occurred with regards to multipliers and sectoral interdependence. The output multipliers of most sectors have declined. The results also show that the agricultural sector experienced an initial decline in its growth while industry experienced an increase. The performance of the services sector was relatively stable for the period covered by the study. There is a decline in the level of trade concentration though on a whole the concentration index is still high. The study employed input-output modeling techniques and the data was obtained from the Ghana statistical service and the World Development Indicators.

2021 ◽  
Vol 1 (1) ◽  
Author(s):  
Rasaki Dauda ◽  
Omowumi Ajeigbe

This study assessed employment intensity of growth (EIG) in the agriculture, industry and service sectors in Nigeria from 1991 to 2019 within the context of Okun’s theory/law. Data from the 2020 World Development Indicators were employed for analysis, using elasticity procedure after decomposing the scope into different periods and regimes. The findings showed negative EIG in the agriculture and industrial sectors while the service sector returned positive EIG. Therefore, government should invest significantly in the service sector while the agricultural sector should be mechanized to boost output and supply of raw materials to industries to enhance employment generation.


2016 ◽  
Vol 9 (3) ◽  
pp. 39
Author(s):  
Alex Thomas Ijjo ◽  
Isaac M. B. Shinyekwa

Endemic supply side constraints including fluctuating output levels, deficient trade infrastructure, rampant non-tariff barriers and incapacity to ensure international quality standards continue to thwart the gainful participation of many Least Developed Countries (LDCs) in an increasingly liberal global trade environment. At its 2005 Hong Kong Ministerial Conference, the World Trade Organization launched its Aid for Trade (AFT) initiative aimed at coordinating global financial support for strengthening trade capacity in Least Developed Countries (LDCs). This paper examined the effect of foreign aid, particularly Official Development Assistance, on Uganda’s external trade and its AFT component in strengthening the country’s trade capacity. Using time series Error Correction Modelling and the World Bank’s World Development Indicators and official national statistics, the paper finds small but positive aid influence on Uganda’s exports and imports and generally close alignment between aid and national priorities. However, given general aid volatility but more especially following the anti-homosexuality legislation and gross corruption allegations in the case of Uganda, the paper advises that external aid be treated as a supplement rather than a substitute for domestic financial resource mobilization in trade capacity development.


2019 ◽  
Author(s):  
Richardson Edeme ◽  
Janefrancis Idenyi

Data from 15 ECOWAS countries from 2000-2017 were generated from World Development Indicators and Africa Infrastructure Development Index. Variables of concern are agricultural output, agricultural sector employment, access to electricity, transport, ICT, agricultural land, economic growth and FDI.


Author(s):  
O. V. Isaeva ◽  

Purpose: to study and analyze technical and technological constituent of the agro-industrial complex of Russia in the context of a new world economic structure formation and to highlight main issues and development potential. Methods. The monographic, analytical, abstract-logical methods and the method of monitoring studies were used in the course of research. Results. The development of the world economy is characterized by an unsteady and utterly unstable political situation, the “reshaping” of trade and economic relations, the accelerated development of high technologies and their active implementation in the production sphere, which forms the contours of a new world economic structure. As studies show, in our country there is a significant lag in technical and technological provision of the agricultural sector, low innovative activity of agricultural producers in comparison with the advanced agricultural countries, which does not allow fully realize the potential of the industry. If in the developed agrarian countries of the world there is a transition to the sixth technological structure based on the use of science-intensive technologies and innovations, then in Russia there is a simultaneous use of production technologies of the second, third, fourth and fifth technological orders with a predominance of the third and fourth orders, which in its own turn forms a significant lag of our country from the countries – leaders of the agricultural sector. In this regard, the key issues are: technical and technological modernization and digitalization of the agricultural industry, increasing the innovative activity of agribusiness entities, the widespread use of scientific achievements of the fifth technological structure and an accelerated transition to the sixth one. Conclusions. In order to strengthen Russia's position on the international agricultural market by realizing the competitive advantages of domestic goods and industries, it is proposed to develop and implement a unified state policy of the country's agricultural sector modernization.


Author(s):  
P. Wilner Jeanty

This article introduces a new Stata command, labcenswdi,1 to automatically manage databases that provide variable descriptions on the second row in a dataset. While renaming all variables and converting them from string to numeric, labcenswdi automatically manages the variable descriptions including removing them from the second row to place them into Stata variable labels and saving them to a text file. The process yields a dataset ready for statistical analysis. I illustrate how this command can be used to efficiently manage datasets obtained from the U.S. Census 2000 and the World Development Indicators databases.


2019 ◽  
Author(s):  
Richardson Edeme ◽  
Janefrancis Idenyi

Data from 15 ECOWAS countries from 2000-2017 were generated from World Development Indicators and Africa Infrastructure Development Index. Variables of concern are agricultural output, agricultural sector employment, access to electricity, transport, ICT, agricultural land, economic growth and FDI.


Sign in / Sign up

Export Citation Format

Share Document