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Does export destination matter for the economic growth of Ghana?

This study investigates whether export destination matters for economic growth. This important question is answered by utilising annual time series data spanning the period 1996–2018 on Ghana. Two main export destinations for Ghana – sub-Saharan Africa (SSA) and Europe and Central Asia (ECA) regions...

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Autores Principales: Baidoo, Samuel Tawiah, Baajike, Franklin Bedakiyiba, Ayesu, Enock Kojo, Takyi, Paul Owusu
Formato: Online
Idioma:eng
Publicado: EdiUNS 2022
Acceso en línea:https://revistas.uns.edu.ar/ee/article/view/3125
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spelling oai:oai.revistas.uns.edu.ar:article-31252022-06-25T20:39:01Z Does export destination matter for the economic growth of Ghana? ¿Importa el destino de las exportaciones para el crecimiento económico de Ghana? Baidoo, Samuel Tawiah Baajike, Franklin Bedakiyiba Ayesu, Enock Kojo Takyi, Paul Owusu Economic growth Trade Export destination Sub-Saharan Africa Central Europe Central Asia Exports Crecimiento económico Comercio Destino de exportación África Subsahariana Europa Central Asia Central Exportaciones This study investigates whether export destination matters for economic growth. This important question is answered by utilising annual time series data spanning the period 1996–2018 on Ghana. Two main export destinations for Ghana – sub-Saharan Africa (SSA) and Europe and Central Asia (ECA) regions are selected for the analysis. The results from the autoregressive distributed lag (ARDL) model show that, export destinations really matter for economic growth. Specifically, exports to the SSA region is not growth enhancing in the long-run, but exports to the ECA region is growth enhancing in both the short- and long-run. Based on the findings, we provide policy suggestions, which seek to improve economic growth through exports for consideration. Este trabajo investiga si los destinos de exportación son importantes para el crecimiento económico. Esta importante pregunta se responde utilizando datos de series temporales anuales que abarcan el período 1996–2018 en Ghana. Para el análisis, se seleccionaron dos destinos principales de exportación ghaneses: las regiones de África Subsahariana (SSA) y Europa y Asia Central (ECA). Los resultados del modelo autoregresivo de rezagos distribuidos” (ARDL) muestran que los destinos de las exportaciones son realmente importantes para el crecimiento económico. Específicamente, las exportaciones a la región SSA no mejoran el crecimiento a largo plazo, pero las exportaciones a la región ECA sí lo hacen tanto a corto como a largo plazo. En base en los hallazgos, proporcionamos sugerencias de políticas que buscan mejorar el crecimiento económico a través de las exportaciones para su consideración. EdiUNS 2022-06-25 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article Artículo evaluado por pares application/pdf https://revistas.uns.edu.ar/ee/article/view/3125 10.52292/j.estudecon.2022.3125 Estudios económicos; Vol. 39 No. 79 (2022); 21-46 Estudios económicos; Vol. 39 Núm. 79 (2022); 21-46 Estudios económicos; v. 39 n. 79 (2022); 21-46 2525-1295 0425-368X eng https://revistas.uns.edu.ar/ee/article/view/3125/1880 Derechos de autor 2022 Atribución-No Comercial 4.0 Unported (CC BY-NC 4.0) de Creative Commons. http://creativecommons.org/licenses/by-nc/4.0
institution UNS
collection Biblioteca Digital Académica
building Biblioteca Central
Biblioteca de Economía
bda_str Estudios Económicos
hierarchy_parent_id bda_ee
hierarchy_parent_title Estudios Económicos
hierarchy_top_id bda_str
hierarchy_top_title Biblioteca Digital Académica
first_indexed 2018-08-22T17:39:27Z
last_indexed 2018-08-22T17:39:27Z
language eng
format Online
author Baidoo, Samuel Tawiah
Baajike, Franklin Bedakiyiba
Ayesu, Enock Kojo
Takyi, Paul Owusu
spellingShingle Baidoo, Samuel Tawiah
Baajike, Franklin Bedakiyiba
Ayesu, Enock Kojo
Takyi, Paul Owusu
Does export destination matter for the economic growth of Ghana?
author_facet Baidoo, Samuel Tawiah
Baajike, Franklin Bedakiyiba
Ayesu, Enock Kojo
Takyi, Paul Owusu
author_sort Baidoo, Samuel Tawiah
title Does export destination matter for the economic growth of Ghana?
title_short Does export destination matter for the economic growth of Ghana?
title_full Does export destination matter for the economic growth of Ghana?
title_fullStr Does export destination matter for the economic growth of Ghana?
title_full_unstemmed Does export destination matter for the economic growth of Ghana?
title_sort does export destination matter for the economic growth of ghana?
topic_facet Economic growth
Trade
Export destination
Sub-Saharan Africa
Central Europe
Central Asia
Exports
Crecimiento económico
Comercio
Destino de exportación
África Subsahariana
Europa Central
Asia Central
Exportaciones
description This study investigates whether export destination matters for economic growth. This important question is answered by utilising annual time series data spanning the period 1996–2018 on Ghana. Two main export destinations for Ghana – sub-Saharan Africa (SSA) and Europe and Central Asia (ECA) regions are selected for the analysis. The results from the autoregressive distributed lag (ARDL) model show that, export destinations really matter for economic growth. Specifically, exports to the SSA region is not growth enhancing in the long-run, but exports to the ECA region is growth enhancing in both the short- and long-run. Based on the findings, we provide policy suggestions, which seek to improve economic growth through exports for consideration.
publisher EdiUNS
publishDate 2022
url https://revistas.uns.edu.ar/ee/article/view/3125
_version_ 1760274143557713920
score 12,614403

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