SHORT-RUN AND LONG-RUN INFLATION AND ECONOMIC GROWTH NEXUS IN GHANA

Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/515

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DC Field	Value	Language
dc.contributor.author	Ahiakpor, F.	-
dc.contributor.author	Akapare, I. A.	-
dc.date.accessioned	2016-03-02T10:39:58Z	-
dc.date.available	2016-03-02T10:39:58Z	-
dc.date.issued	2014	-
dc.identifier.issn	0855-6768	-
dc.identifier.uri	http://hdl.handle.net/123456789/515	-
dc.description.abstract	This paper examines the relationship between inflation and economic growth in Ghana. Using quarterly data from 1986Q1 to 2012Q4. The study employs Co- integration and error correction model. The study reveals that capital, government expenditure, labour force and money supply have a positive impact on GDP. In addition, inflation and interest rate has a decreasing impact on economic growth. The study recommends inflation targeting as best monetary policy. There is the need for government to increase expenditure in the area of infrastructure development and human capital to increase output.	en_US
dc.language.iso	en	en_US
dc.publisher	Ghana Journal of Development Studies	en_US
dc.relation.ispartofseries	Vol. 11;Issue 2	-
dc.subject	Co-integration	en_US
dc.subject	Inflation	en_US
dc.subject	ECM Model	en_US
dc.subject	Economic growth	en_US
dc.subject	Ghana	en_US
dc.title	SHORT-RUN AND LONG-RUN INFLATION AND ECONOMIC GROWTH NEXUS IN GHANA	en_US
dc.type	Article	en_US
Appears in Collections:	Ghana Journal of Development Studies (GJDS)

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