IDEAS home Printed from https://ideas.repec.org/a/aad/iseicj/v6y2018i0p193-199.html
   My bibliography  Save this article

Challenges In Promoting Economic Growth Of Ghana Through Value Added Exports

Author

Listed:
  • Isaac Ibrahim

    (School of Economics, Huazhong University of Science and Technology, Wuhan)

  • Haiyun Liu

    (School of Economics, Huazhong University of Science and Technology, Wuhan)

Abstract

Ghana is endowed with natural resources such as gold, cocoa, crude oil, and other factor endowments that gives the country a comparative advantage in trade. Ghana, a low-middle income country, is the second largest producer of gold in Africa and 11th in the world, as well as the second largest exporter of cocoa in the world. With all the factor endowments and export potential however, the country exports basically raw materials with little value addition and therefore is deprived of the full benefits accruing to trade and exports.This paper employs an empirical method and applies the Ricardian Model of Comparative Advantage using available secondary data to explore the importance of exports to the economic growth of the country and certain challenges of value addition. The findings show that exports promote economic growth as well as that value addition can be beneficial in earnings and needs government attention in following the recommendations therein.

Suggested Citation

  • Isaac Ibrahim & Haiyun Liu, 2018. "Challenges In Promoting Economic Growth Of Ghana Through Value Added Exports," CBU International Conference Proceedings, ISE Research Institute, vol. 6(0), pages 193-199, September.
    • Handle: RePEc:aad:iseicj:v:6:y:2018:i:0:p:193-199
    DOI: 10.12955/cbup.v6.1155
    as

    Download full text from publisher

    File URL: https://ojs.journals.cz/index.php/CBUIC/article/view/1155/1695
    Download Restriction: no
    File URL: https://libkey.io/10.12955/cbup.v6.1155?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Edmund Ayesu & John O. Olaomi, 2021. "The Relationship Between Fiscal Deficit and Current Account Deficit in the Case of the West African Monetary Zone: A Bivariate DSEM/RDSEM Approach," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 11(7), pages 575-590, July.

    More about this item

    Keywords

    Comparative AdvantageExport led; International trade; Value Added; Ghana; Challenges;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aad:iseicj:v:6:y:2018:i:0:p:193-199. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Petr Hájek (email available below). General contact details of provider: https://ojs.journals.cz/index.php/CBUIC .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.