Real exchange rate and economic growth in Ghana.

Real Exchange Rate and Economic Growth in Ghana

The study sought to determine the effect of real effective exchange rate on economic growth in Ghana using annual data from 1984 to 2014.

Real Exchange Rate and Economic Growth

Importantly, the study also reveals that real exchange rate in Ghana operates through aggregate supply channel to impact economic growth. Based on the results ...

Real exchange rate and economic growth in Ghana - IDEAS/RePEc

Using the ARDL cointegration estimation technique, the study found that real exchange rate and economic growth are cointegrated. The result suggests that real ...

Real exchange rate and economic growth in Ghana

Thus, there is the need to ensure exchange rate stability in the Ghanaian economy to help boost economic growth. KEY WORDS: Real effective ...

(PDF) Real Exchange Rate and Economic Growth in Ghana

Abstract and Figures · that, a 1 percent increase in FDI leads to approximately 0.01 percent increase in economic · growth at 1 percent level of significance.

Real exchange rate and economic growth in Ghana.

Using the ARDL cointegration estimation technique, the study found that real exchange rate and economic growth are cointegrated. The result ...

The Real Exchange Rate Regime and Economic Growth in Ghana

the economic growth of a country. The research focusses on the interaction that exist between Real Exchange Rate and Economic Growth in Ghana. Real. GDP was ...

The Impact of Remittance on the Real Exchange Rate in Ghana

To get a better view, the study includes foreign direct investment (FDI), Economic growth (as a proxy by real GDP). OPEN measures the extent of openness of the ...

Real exchange rate and economic growth in Ghana

The result suggests that real exchange rate, capital stock, and labour force exert a positive and statistically significant effect on economic growth both in ...

Foreign direct investment, remittances, real exchange rate, imports ...

Remittances have a positive and significant effect on economic growth in Ghana both for the short run and the long run. The study also revealed that foreign ...

The effect of real exchange rate on economic growth in Ghana

The results also indicated that within the past one year and two years, inflation rate and interest rate had negative impacts on the growth of real GDP in Ghana ...

Ghana Economic Outlook | African Development Bank Group

Ghana's real GDP growth decelerated from 3.8% in 2022 to 2.9% in 2023, reflecting spillover effects from Russia's invasion of Ukraine, tight global financial ...

The Real Exchange Rate Regime and Economic Growth in Ghana

Real GDP was used as a measure of Economic Growth Rate. Results from the empirical analysis revealed a statistically significant and positive ...

External aid inflows and the real exchange rate in Ghana

Fund (IMF), has since September 1980 witnessed the introduction of mechanisms to halt the downturn of the economy and to move on a path of sustained growth and.

The real exchange rate and economic growth

The real exchange rate was not at the center of the first generation of neoclassical growth models, nor was it prominent among the policy prescriptions that ...

IX External Competitiveness in: Ghana - IMF eLibrary

Real exchange rates based on GDP deflators incorporate the ratio of the relative prices of nontradable to tradable goods at home and abroad, and accordingly ...

The Real Exchange Rate and Economic Growth - Dani Rodrik

ABSTRACT I show that undervaluation of the currency (a high real exchange rate) stimulates economic growth. This is true particularly for devel-.

GHANA: EXCHANGE RATE REFORMS AND THE REAL ...

The paper finds current transfers and real money supply to be very important in determining Ghana's real exchange rate, inter alia. In terms of policy, it finds ...

Foreign direct investment, remittances, real exchange rate, imports ...

The study also revealed that foreign direct investment, real exchange rate, and imports have a negative and significant effect on the growth process of Ghana's ...

Examining the Effect of Real Effective Exchange Rate Volatility on ...

This study hypothesizes that real effective exchange rate volatility is deleterious to economic growth in Ghana. To test this relationship, the study uses ...