Economic Multipliers and Sectoral Linkages: Ghana and the New Oil Sector
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...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Mendel University Press
2016-01-01
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| Series: | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
| Subjects: | |
| Online Access: | https://acta.mendelu.cz/64/2/0635/ |
| _version_ | 1818306842010320896 |
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| author | Dennis Nchor Tomáš Konderla |
| author_facet | Dennis Nchor Tomáš Konderla |
| author_sort | Dennis Nchor |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-12-13T06:48:54Z |
| format | Article |
| id | doaj.art-456f24c810c049a9b0a1ebba58ac85e6 |
| institution | Directory Open Access Journal |
| issn | 1211-8516 2464-8310 |
| language | English |
| last_indexed | 2024-12-13T06:48:54Z |
| publishDate | 2016-01-01 |
| publisher | Mendel University Press |
| record_format | Article |
| series | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
| spelling | doaj.art-456f24c810c049a9b0a1ebba58ac85e62022-12-21T23:56:12ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102016-01-0164263564210.11118/actaun201664020635Economic Multipliers and Sectoral Linkages: Ghana and the New Oil SectorDennis Nchor0Tomáš Konderla1Department of Statistics and Operations Analysis, Faculty of Business Economics, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech RepublicDepartment of Statistics and Operations Analysis, Faculty of Business Economics, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech RepublicThe 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.https://acta.mendelu.cz/64/2/0635/oil and gasmultiplierssectoral linkagestrade concentrationinput ratiosinput-output table |
| spellingShingle | Dennis Nchor Tomáš Konderla Economic Multipliers and Sectoral Linkages: Ghana and the New Oil Sector Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis oil and gas multipliers sectoral linkages trade concentration input ratios input-output table |
| title | Economic Multipliers and Sectoral Linkages: Ghana and the New Oil Sector |
| title_full | Economic Multipliers and Sectoral Linkages: Ghana and the New Oil Sector |
| title_fullStr | Economic Multipliers and Sectoral Linkages: Ghana and the New Oil Sector |
| title_full_unstemmed | Economic Multipliers and Sectoral Linkages: Ghana and the New Oil Sector |
| title_short | Economic Multipliers and Sectoral Linkages: Ghana and the New Oil Sector |
| title_sort | economic multipliers and sectoral linkages ghana and the new oil sector |
| topic | oil and gas multipliers sectoral linkages trade concentration input ratios input-output table |
| url | https://acta.mendelu.cz/64/2/0635/ |
| work_keys_str_mv | AT dennisnchor economicmultipliersandsectorallinkagesghanaandthenewoilsector AT tomaskonderla economicmultipliersandsectorallinkagesghanaandthenewoilsector |