Empirical Assessment of Expectations Associated with the Recent Discovery of Commercialisable Oil in Ghana

The paper aim at assessing empirically the various expectations held by people in the economy in the face of oil revenue in order to contribute to the body of knowledge that exist in expectation formation. The study is based on descriptive quantitative survey of students in first and third year mark...

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Main Authors: Yeboah Asuamah Samuel, Kumi Ernest, Kwarteng Ernest
Format: Article
Language:English
Published: EconJournals 2012-09-01
Series:International Review of Management and Marketing
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/irmm/issue/32072/355003?publisher=http-www-cag-edu-tr-ilhan-ozturk
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author Yeboah Asuamah Samuel
Kumi Ernest
Kwarteng Ernest
author_facet Yeboah Asuamah Samuel
Kumi Ernest
Kwarteng Ernest
author_sort Yeboah Asuamah Samuel
collection DOAJ
description The paper aim at assessing empirically the various expectations held by people in the economy in the face of oil revenue in order to contribute to the body of knowledge that exist in expectation formation. The study is based on descriptive quantitative survey of students in first and third year marketing department of Sunyani Polytechnic offering Higher National Diploma programme. A sample size of 70 respondents was used and was selected using non probability (convenience) sampling method. Questionnaires were prepared using the Likert scale and were distributed to the students. Data were analysed using SPSS and the result presented in tables. Results indicate that respondents hold mixed expectation in the face of the oil revenue. There was gender, age, religion, employment differences in some of the expectations held by respondents. Future research should look at issues such as why there are these differences in opinions and the effect of macroeconomic variables such as inflation, GDP on public confidence as well as ways of managing these expectations.
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spelling doaj.art-928a45ebafd5421cbac293812c37121f2023-02-15T16:12:07ZengEconJournalsInternational Review of Management and Marketing2146-44052012-09-01231771911032Empirical Assessment of Expectations Associated with the Recent Discovery of Commercialisable Oil in GhanaYeboah Asuamah SamuelKumi ErnestKwarteng ErnestThe paper aim at assessing empirically the various expectations held by people in the economy in the face of oil revenue in order to contribute to the body of knowledge that exist in expectation formation. The study is based on descriptive quantitative survey of students in first and third year marketing department of Sunyani Polytechnic offering Higher National Diploma programme. A sample size of 70 respondents was used and was selected using non probability (convenience) sampling method. Questionnaires were prepared using the Likert scale and were distributed to the students. Data were analysed using SPSS and the result presented in tables. Results indicate that respondents hold mixed expectation in the face of the oil revenue. There was gender, age, religion, employment differences in some of the expectations held by respondents. Future research should look at issues such as why there are these differences in opinions and the effect of macroeconomic variables such as inflation, GDP on public confidence as well as ways of managing these expectations.https://dergipark.org.tr/tr/pub/irmm/issue/32072/355003?publisher=http-www-cag-edu-tr-ilhan-ozturkexpectation oil revenue ghana resource curse
spellingShingle Yeboah Asuamah Samuel
Kumi Ernest
Kwarteng Ernest
Empirical Assessment of Expectations Associated with the Recent Discovery of Commercialisable Oil in Ghana
International Review of Management and Marketing
expectation
oil revenue
ghana
resource curse
title Empirical Assessment of Expectations Associated with the Recent Discovery of Commercialisable Oil in Ghana
title_full Empirical Assessment of Expectations Associated with the Recent Discovery of Commercialisable Oil in Ghana
title_fullStr Empirical Assessment of Expectations Associated with the Recent Discovery of Commercialisable Oil in Ghana
title_full_unstemmed Empirical Assessment of Expectations Associated with the Recent Discovery of Commercialisable Oil in Ghana
title_short Empirical Assessment of Expectations Associated with the Recent Discovery of Commercialisable Oil in Ghana
title_sort empirical assessment of expectations associated with the recent discovery of commercialisable oil in ghana
topic expectation
oil revenue
ghana
resource curse
url https://dergipark.org.tr/tr/pub/irmm/issue/32072/355003?publisher=http-www-cag-edu-tr-ilhan-ozturk
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AT kwartengernest empiricalassessmentofexpectationsassociatedwiththerecentdiscoveryofcommercialisableoilinghana