| Trường DC | Giá trị | Ngôn ngữ |
|---|---|---|
| dc.contributor.author | John Gartchie Gatsi | |
| dc.contributor.other | Michael Owusu Appiah | |
| dc.date.accessioned | 2023-11-01T10:24:26Z | - |
| dc.date.available | 2023-11-01T10:24:26Z | - |
| dc.date.issued | 2020 | |
| dc.identifier.isbn | 1978-0020 | |
| dc.identifier.uri | https://dlib.neu.edu.vn/handle/NEU/58706 | - |
| dc.description | labor economics | |
| dc.description.abstract | Purpose – The study explores the relationship among economic growth, population growth, gross savings and energy consumption over the period 1987– 2017. Design/methodology/approach – The autoregressive distributed lag (ARDL) bounds test approach by Pesaran et al. (2001) was employed to investigate variables for the study. Findings – In the key findings, both gross savings and population growth negatively affect economic growth. However, energy consumption has positive impact on economic growth. Practical implications – These findings call for policy portfolios to address the impacts of gross savings and population growth on economic development. In particular, the financial sector needs to be revamped to be more efficient in channeling funds from the surplus units to the deficit units. It is recommended that investment be made in financial and technological innovation to provide efficient access to credits and other financial products even though individual savings may not move with economic growth. Originality/value – Many studies have explored the nexus between savings and economic growth without considering population growth and energy consumption. In this study, the relationship among savings, economic growth, population growth and energy consumption provide additional knowledge in policy formulation. | |
| dc.description.tableofcontents | 1. Introduction; 2. Literature review; 3. Stylized facts on Ghana; 4. Data collection and methodology; 5. Empirical results and discussion; 6. Conclusion and policy implications | |
| dc.format.extent | Khổ 21 x 29.7 | |
| dc.language.iso | en | |
| dc.publisher | Kinh Tế Quốc Dân | |
| dc.subject | Economic growth | |
| dc.subject | Gini index of Ghana | |
| dc.subject | Energy consumption | |
| dc.subject | Gross savings | |
| dc.title | Population growth, income growth and savings in Ghana | |
| dc.type | Journal of Economics and Development | |
| dc.identifier.barcode | 10-1108_JED-12-2019-0078 | |
| dc.relation.reference | Adam, I.O., Musah, A. and Ibrahim, M. (2017), “Putting the Cart before the Horse? Re- examining the relationship between domestic savings and economic growth in selected sub-Saharan African countries”, Journal of African Business, Vol. 18 No. 1, pp. 102-123. Aghion, P., Comin, D., Howitt, P. and Tecu, I. (2016), “When does domestic savings matter for economic growth?”, IMF Economic Review, Vol. 64 No. 3, pp. 381-407. Bist, J.P. and Bista, N.B. (2018), “Finance-growth nexus in Nepal: an application of the ARDL approach in the presence of structural breaks”, Vilkapa, Vol. 43 No. 4, pp. 236-249. Brown, R.L., Durbin, J. and Evans, J.M. (1975), “Techniques for testing the constancy of regression relationships over time”, Journal of the Royal Statistical Society: Series B Methodological, Vol. 37 No. 2, pp. 149-163. Duran, E., Duran, B.U., Akay, D. and Boran, F.E. (2017), “Grey relational analysis between Turkey’s macroeconomic indicators and domestic savings”, Grey Systems: Theory and Application, Vol. 7 No. 1, pp. 45-59. Engle, R.F. and Granger, C.W.J. (1987), “Co-integration and error-correction: representation, estimation and testing”, Econometrica, Vol. 55, pp. 987-1008. Engle, R.F. and Yoo, B.S. (1987), “Forecasting and testing in co-integrated systems”, Journal of Econometrics, Vol. 35 No. 1, pp. 143-159. Ghana Statistical Service (2014), “ Ghana Living Standards Survey Round 6” , available at: https:// statsghana.gov.gh/gssmain/fileUpload/Living%20conditions/GLSS6_Main%20Report.pdf (accessed 12 February 2019). Granger, C.W. and Newbold, P. (1974), “Spurious regressions in econometrics”, Journal of Econometrics, Vol. 2 No. 2, pp. 111-120. Johansen, S. (1991), “Estimation and hypothesis testing of cointegration vectors in Gaussian vector autoregressive models”, Econometrica: Journal of the Econometric Society, Vol. 56 No. 6, pp. 1551-1580. Johansen, S. (1995), “A stastistical analysis of cointegration for I (2) variables”, Econometric Theory, Vol. 11 No. 1, pp. 25-59. Johansen, S. and Juselius, K. (1990), “Maximum likelihood estimation and inference on cointegration— with applications to the demand for money”, Oxford Bulletin of Economics and Statistics, Vol. 52 No. 2, pp. 169-210. Johansen, S. and Juselius, K. (1990), “Some structural hypotheses in a multivariate cointegration analysis of the purchasing power parity and the uncovered interest parity for UK”, Journal of Econometrics, pp. 90-05. Jouini, J. (2016), “Economic growth and savings in Saudi Arabia: empirical evidence from cointegration and causality analysis”, Asia-Pacific Journal of Accounting and Economics, Vol. 23 No. 4, pp. 478-495. Kelley, A.C. (1973), “Population growth, the dependency rate, and the pace of economic development”, Population Studies, Vol. 27 No. 3, pp. 405-414. Kitov, I.O. (2008), “GDP growth rate and population”, arXiv preprint arXiv, Vol. 0811 No. 2125. Krieckhaus, J. (2002), “Reconceptualizing the developmental state: public savings and economic growth”, World Development, Vol. 30 No. 10, pp. 1697-1712. Kwiatkowski, D., Phillips, P.C., Schmidt, P. and Shin, Y. (1992), “Testing the null hypothesis of stationarity against the alternative of a unit root”, Journal of Econometrics, Vol. 54 Nos 1-3, pp. 159-178. Larbi, D.A. (2013), “The long run determinants of private domestic savings in Ghana: a cointegration approach”, Journal of Economics and Sustainable Development, Vol. 4 No. 4, pp. 125-136. Lean, H.H. and Song, Y. (2009), “The domestic savings and economic growth relationship in China”, Journal of Chinese Economic and Foreign Trade Studies. MacKinnon, J.G. (1996), “Numerical distribution functions for unit root and cointegration tests”, Journal of Applied Econometrics, Vol. 11 No. 6, pp. 601-618. MacKinnon, J.G., Haug, A.A. and Michelis, L. (1999), “Numerical distribution functions of likelihood ratio tests for cointegration”, Journal of Applied Econometrics, Vol. 14 No. 5, pp. 563-577. Modigliani, F. and Brumberg, R. (1954), “Utility analysis and the consumption function: an interpretation of cross-section data”, Franco Modigliani, Vol. 1 No. 1, pp. 388-436. Narayan, P.K. (2005), “The saving and investment nexus for China: evidence from cointegration tests”, Applied Economics, Vol. 37 No. 17, pp. 1979-1990. Narayan, P.K. and Narayan, S. (2006), “Savings behaviour in Fiji: an empirical assessment using the ARDL approach to cointegration”, International Journal of Social Economics. Nurkse, R. (1953), Problems of Capital Formation in Undeveloped Countries, Basil Blackwell, Oxford. Odhiambo, N.M. (2008), “Financial depth, savings and economic growth in Kenya: a dynamic causal linkage”, Economic Modelling, Vol. 25 No. 4, pp. 704-713. Odhiambo, N.M. (2009), “Savings and economic growth in South Africa: a multivariate causality test”, Journal of Policy Modeling, Vol. 31 No. 5, pp. 708-718. Ghana Statistical Service (2014), “ Ghana Living Standards Survey Round 6” , available at: https:// statsghana.gov.gh/gssmain/fileUpload/Living%20conditions/GLSS6_Main%20Report.pdf (accessed 12 February 2019). Granger, C.W. and Newbold, P. (1974), “Spurious regressions in econometrics”, Journal of Econometrics, Vol. 2 No. 2, pp. 111-120. Johansen, S. (1991), “Estimation and hypothesis testing of cointegration vectors in Gaussian vector autoregressive models”, Econometrica: Journal of the Econometric Society, Vol. 56 No. 6, pp. 1551-1580. Johansen, S. (1995), “A stastistical analysis of cointegration for I (2) variables”, Econometric Theory, Vol. 11 No. 1, pp. 25-59. Johansen, S. and Juselius, K. (1990), “Maximum likelihood estimation and inference on cointegration— with applications to the demand for money”, Oxford Bulletin of Economics and Statistics, Vol. 52 No. 2, pp. 169-210. Johansen, S. and Juselius, K. (1990), “Some structural hypotheses in a multivariate cointegration analysis of the purchasing power parity and the uncovered interest parity for UK”, Journal of Econometrics, pp. 90-05. Jouini, J. (2016), “Economic growth and savings in Saudi Arabia: empirical evidence from cointegration and causality analysis”, Asia-Pacific Journal of Accounting and Economics, Vol. 23 No. 4, pp. 478-495. Kelley, A.C. (1973), “Population growth, the dependency rate, and the pace of economic development”, Population Studies, Vol. 27 No. 3, pp. 405-414. Kitov, I.O. (2008), “GDP growth rate and population”, arXiv preprint arXiv, Vol. 0811 No. 2125. Krieckhaus, J. (2002), “Reconceptualizing the developmental state: public savings and economic growth”, World Development, Vol. 30 No. 10, pp. 1697-1712. Kwiatkowski, D., Phillips, P.C., Schmidt, P. and Shin, Y. (1992), “Testing the null hypothesis of stationarity against the alternative of a unit root”, Journal of Econometrics, Vol. 54 Nos 1-3, pp. 159-178. Larbi, D.A. (2013), “The long run determinants of private domestic savings in Ghana: a cointegration approach”, Journal of Economics and Sustainable Development, Vol. 4 No. 4, pp. 125-136. Lean, H.H. and Song, Y. (2009), “The domestic savings and economic growth relationship in China”, Journal of Chinese Economic and Foreign Trade Studies. MacKinnon, J.G. (1996), “Numerical distribution functions for unit root and cointegration tests”, Journal of Applied Econometrics, Vol. 11 No. 6, pp. 601-618. MacKinnon, J.G., Haug, A.A. and Michelis, L. (1999), “Numerical distribution functions of likelihood ratio tests for cointegration”, Journal of Applied Econometrics, Vol. 14 No. 5, pp. 563-577. Modigliani, F. and Brumberg, R. (1954), “Utility analysis and the consumption function: an interpretation of cross-section data”, Franco Modigliani, Vol. 1 No. 1, pp. 388-436. Narayan, P.K. (2005), “The saving and investment nexus for China: evidence from cointegration tests”, Applied Economics, Vol. 37 No. 17, pp. 1979-1990. Narayan, P.K. and Narayan, S. (2006), “Savings behaviour in Fiji: an empirical assessment using the ARDL approach to cointegration”, International Journal of Social Economics. Nurkse, R. (1953), Problems of Capital Formation in Undeveloped Countries, Basil Blackwell, Oxford. Odhiambo, N.M. (2008), “Financial depth, savings and economic growth in Kenya: a dynamic causal linkage”, Economic Modelling, Vol. 25 No. 4, pp. 704-713. Odhiambo, N.M. (2009), “Savings and economic growth in South Africa: a multivariate causality test”, Journal of Policy Modeling, Vol. 31 No. 5, pp. 708-718. | |
Bộ sưu tập | 02. Tạp chí (Tiếng Anh) | |
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| Trường DC | Giá trị | Ngôn ngữ |
|---|---|---|
| dc.contributor.author | John Gartchie Gatsi | |
| dc.contributor.other | Michael Owusu Appiah | |
| dc.date.accessioned | 2023-11-01T10:24:26Z | - |
| dc.date.available | 2023-11-01T10:24:26Z | - |
| dc.date.issued | 2020 | |
| dc.identifier.isbn | 1978-0020 | |
| dc.identifier.uri | https://dlib.neu.edu.vn/handle/NEU/58706 | - |
| dc.description | labor economics | |
| dc.description.abstract | Purpose – The study explores the relationship among economic growth, population growth, gross savings and energy consumption over the period 1987– 2017. Design/methodology/approach – The autoregressive distributed lag (ARDL) bounds test approach by Pesaran et al. (2001) was employed to investigate variables for the study. Findings – In the key findings, both gross savings and population growth negatively affect economic growth. However, energy consumption has positive impact on economic growth. Practical implications – These findings call for policy portfolios to address the impacts of gross savings and population growth on economic development. In particular, the financial sector needs to be revamped to be more efficient in channeling funds from the surplus units to the deficit units. It is recommended that investment be made in financial and technological innovation to provide efficient access to credits and other financial products even though individual savings may not move with economic growth. Originality/value – Many studies have explored the nexus between savings and economic growth without considering population growth and energy consumption. In this study, the relationship among savings, economic growth, population growth and energy consumption provide additional knowledge in policy formulation. | |
| dc.description.tableofcontents | 1. Introduction; 2. Literature review; 3. Stylized facts on Ghana; 4. Data collection and methodology; 5. Empirical results and discussion; 6. Conclusion and policy implications | |
| dc.format.extent | Khổ 21 x 29.7 | |
| dc.language.iso | en | |
| dc.publisher | Kinh Tế Quốc Dân | |
| dc.subject | Economic growth | |
| dc.subject | Gini index of Ghana | |
| dc.subject | Energy consumption | |
| dc.subject | Gross savings | |
| dc.title | Population growth, income growth and savings in Ghana | |
| dc.type | Journal of Economics and Development | |
| dc.identifier.barcode | 10-1108_JED-12-2019-0078 | |
| dc.relation.reference | Adam, I.O., Musah, A. and Ibrahim, M. (2017), “Putting the Cart before the Horse? Re- examining the relationship between domestic savings and economic growth in selected sub-Saharan African countries”, Journal of African Business, Vol. 18 No. 1, pp. 102-123. Aghion, P., Comin, D., Howitt, P. and Tecu, I. (2016), “When does domestic savings matter for economic growth?”, IMF Economic Review, Vol. 64 No. 3, pp. 381-407. Bist, J.P. and Bista, N.B. (2018), “Finance-growth nexus in Nepal: an application of the ARDL approach in the presence of structural breaks”, Vilkapa, Vol. 43 No. 4, pp. 236-249. Brown, R.L., Durbin, J. and Evans, J.M. (1975), “Techniques for testing the constancy of regression relationships over time”, Journal of the Royal Statistical Society: Series B Methodological, Vol. 37 No. 2, pp. 149-163. Duran, E., Duran, B.U., Akay, D. and Boran, F.E. (2017), “Grey relational analysis between Turkey’s macroeconomic indicators and domestic savings”, Grey Systems: Theory and Application, Vol. 7 No. 1, pp. 45-59. Engle, R.F. and Granger, C.W.J. (1987), “Co-integration and error-correction: representation, estimation and testing”, Econometrica, Vol. 55, pp. 987-1008. Engle, R.F. and Yoo, B.S. (1987), “Forecasting and testing in co-integrated systems”, Journal of Econometrics, Vol. 35 No. 1, pp. 143-159. Ghana Statistical Service (2014), “ Ghana Living Standards Survey Round 6” , available at: https:// statsghana.gov.gh/gssmain/fileUpload/Living%20conditions/GLSS6_Main%20Report.pdf (accessed 12 February 2019). Granger, C.W. and Newbold, P. (1974), “Spurious regressions in econometrics”, Journal of Econometrics, Vol. 2 No. 2, pp. 111-120. Johansen, S. (1991), “Estimation and hypothesis testing of cointegration vectors in Gaussian vector autoregressive models”, Econometrica: Journal of the Econometric Society, Vol. 56 No. 6, pp. 1551-1580. Johansen, S. (1995), “A stastistical analysis of cointegration for I (2) variables”, Econometric Theory, Vol. 11 No. 1, pp. 25-59. Johansen, S. and Juselius, K. (1990), “Maximum likelihood estimation and inference on cointegration— with applications to the demand for money”, Oxford Bulletin of Economics and Statistics, Vol. 52 No. 2, pp. 169-210. Johansen, S. and Juselius, K. (1990), “Some structural hypotheses in a multivariate cointegration analysis of the purchasing power parity and the uncovered interest parity for UK”, Journal of Econometrics, pp. 90-05. Jouini, J. (2016), “Economic growth and savings in Saudi Arabia: empirical evidence from cointegration and causality analysis”, Asia-Pacific Journal of Accounting and Economics, Vol. 23 No. 4, pp. 478-495. Kelley, A.C. (1973), “Population growth, the dependency rate, and the pace of economic development”, Population Studies, Vol. 27 No. 3, pp. 405-414. Kitov, I.O. (2008), “GDP growth rate and population”, arXiv preprint arXiv, Vol. 0811 No. 2125. Krieckhaus, J. (2002), “Reconceptualizing the developmental state: public savings and economic growth”, World Development, Vol. 30 No. 10, pp. 1697-1712. Kwiatkowski, D., Phillips, P.C., Schmidt, P. and Shin, Y. (1992), “Testing the null hypothesis of stationarity against the alternative of a unit root”, Journal of Econometrics, Vol. 54 Nos 1-3, pp. 159-178. Larbi, D.A. (2013), “The long run determinants of private domestic savings in Ghana: a cointegration approach”, Journal of Economics and Sustainable Development, Vol. 4 No. 4, pp. 125-136. Lean, H.H. and Song, Y. (2009), “The domestic savings and economic growth relationship in China”, Journal of Chinese Economic and Foreign Trade Studies. MacKinnon, J.G. (1996), “Numerical distribution functions for unit root and cointegration tests”, Journal of Applied Econometrics, Vol. 11 No. 6, pp. 601-618. MacKinnon, J.G., Haug, A.A. and Michelis, L. (1999), “Numerical distribution functions of likelihood ratio tests for cointegration”, Journal of Applied Econometrics, Vol. 14 No. 5, pp. 563-577. Modigliani, F. and Brumberg, R. (1954), “Utility analysis and the consumption function: an interpretation of cross-section data”, Franco Modigliani, Vol. 1 No. 1, pp. 388-436. Narayan, P.K. (2005), “The saving and investment nexus for China: evidence from cointegration tests”, Applied Economics, Vol. 37 No. 17, pp. 1979-1990. Narayan, P.K. and Narayan, S. (2006), “Savings behaviour in Fiji: an empirical assessment using the ARDL approach to cointegration”, International Journal of Social Economics. Nurkse, R. (1953), Problems of Capital Formation in Undeveloped Countries, Basil Blackwell, Oxford. Odhiambo, N.M. (2008), “Financial depth, savings and economic growth in Kenya: a dynamic causal linkage”, Economic Modelling, Vol. 25 No. 4, pp. 704-713. Odhiambo, N.M. (2009), “Savings and economic growth in South Africa: a multivariate causality test”, Journal of Policy Modeling, Vol. 31 No. 5, pp. 708-718. Ghana Statistical Service (2014), “ Ghana Living Standards Survey Round 6” , available at: https:// statsghana.gov.gh/gssmain/fileUpload/Living%20conditions/GLSS6_Main%20Report.pdf (accessed 12 February 2019). Granger, C.W. and Newbold, P. (1974), “Spurious regressions in econometrics”, Journal of Econometrics, Vol. 2 No. 2, pp. 111-120. Johansen, S. (1991), “Estimation and hypothesis testing of cointegration vectors in Gaussian vector autoregressive models”, Econometrica: Journal of the Econometric Society, Vol. 56 No. 6, pp. 1551-1580. Johansen, S. (1995), “A stastistical analysis of cointegration for I (2) variables”, Econometric Theory, Vol. 11 No. 1, pp. 25-59. Johansen, S. and Juselius, K. (1990), “Maximum likelihood estimation and inference on cointegration— with applications to the demand for money”, Oxford Bulletin of Economics and Statistics, Vol. 52 No. 2, pp. 169-210. Johansen, S. and Juselius, K. (1990), “Some structural hypotheses in a multivariate cointegration analysis of the purchasing power parity and the uncovered interest parity for UK”, Journal of Econometrics, pp. 90-05. Jouini, J. (2016), “Economic growth and savings in Saudi Arabia: empirical evidence from cointegration and causality analysis”, Asia-Pacific Journal of Accounting and Economics, Vol. 23 No. 4, pp. 478-495. Kelley, A.C. (1973), “Population growth, the dependency rate, and the pace of economic development”, Population Studies, Vol. 27 No. 3, pp. 405-414. Kitov, I.O. (2008), “GDP growth rate and population”, arXiv preprint arXiv, Vol. 0811 No. 2125. Krieckhaus, J. (2002), “Reconceptualizing the developmental state: public savings and economic growth”, World Development, Vol. 30 No. 10, pp. 1697-1712. Kwiatkowski, D., Phillips, P.C., Schmidt, P. and Shin, Y. (1992), “Testing the null hypothesis of stationarity against the alternative of a unit root”, Journal of Econometrics, Vol. 54 Nos 1-3, pp. 159-178. Larbi, D.A. (2013), “The long run determinants of private domestic savings in Ghana: a cointegration approach”, Journal of Economics and Sustainable Development, Vol. 4 No. 4, pp. 125-136. Lean, H.H. and Song, Y. (2009), “The domestic savings and economic growth relationship in China”, Journal of Chinese Economic and Foreign Trade Studies. MacKinnon, J.G. (1996), “Numerical distribution functions for unit root and cointegration tests”, Journal of Applied Econometrics, Vol. 11 No. 6, pp. 601-618. MacKinnon, J.G., Haug, A.A. and Michelis, L. (1999), “Numerical distribution functions of likelihood ratio tests for cointegration”, Journal of Applied Econometrics, Vol. 14 No. 5, pp. 563-577. Modigliani, F. and Brumberg, R. (1954), “Utility analysis and the consumption function: an interpretation of cross-section data”, Franco Modigliani, Vol. 1 No. 1, pp. 388-436. Narayan, P.K. (2005), “The saving and investment nexus for China: evidence from cointegration tests”, Applied Economics, Vol. 37 No. 17, pp. 1979-1990. Narayan, P.K. and Narayan, S. (2006), “Savings behaviour in Fiji: an empirical assessment using the ARDL approach to cointegration”, International Journal of Social Economics. Nurkse, R. (1953), Problems of Capital Formation in Undeveloped Countries, Basil Blackwell, Oxford. Odhiambo, N.M. (2008), “Financial depth, savings and economic growth in Kenya: a dynamic causal linkage”, Economic Modelling, Vol. 25 No. 4, pp. 704-713. Odhiambo, N.M. (2009), “Savings and economic growth in South Africa: a multivariate causality test”, Journal of Policy Modeling, Vol. 31 No. 5, pp. 708-718. | |
Bộ sưu tập | 02. Tạp chí (Tiếng Anh) | |
