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Oil resources are neither a curse nor a blessing. The sound management of these resources can make them beneficial or otherwise. In order to translate Ghana's oil resources into inclusive development amid high expectations, several laws and regulations have been passed and new institutions...
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The study investigates the effect of economic and non-economic factors on natural gas demand in Ghana at the aggregate and disaggregates levels. The structural time series model is employed as it has the ability of capturing exogenous non-economic factors. The findings suggest that both economic...
Persistent link: https://www.econbiz.de/10010948679
The environment plays two vital roles for mankind. It provides food and raw materials for production and consumption and also accepts the wastes generated through man’s activities and renders them harmless. This calls for sustainable environmental management. This study examines the impact of...
Persistent link: https://www.econbiz.de/10010951522
This study applies the quadratic hill climbing model, stepwise regression, and a dynamic generalized method of moments to investigate the relationship between oil rents and agriculture growth in Ghana. Agriculture, once considered the backbone of Ghana's economy recorded a reduction of its...
Persistent link: https://www.econbiz.de/10012997054
With less than 50% of the population of Sub-Saharan Africa having access to modern forms of energy and the desire to minimize the impact of energy consumption on the environment, there is a need to invest in an energy source that is affordable, available and environmentally clean. Natural gas is...
Persistent link: https://www.econbiz.de/10012946982
Renewable energy consumption has been identified as a potential solution to the intermittent power supply in Ghana. Recently, a Renewable Energy Act has been passed which has a target of 10% of renewable energy component in Ghana’s energy mix by 2020. Whilst effort is been made to enhance...
Persistent link: https://www.econbiz.de/10014136219
Among the challenges facing Africa’s energy sector is the dearth of sustainable financing. The reasons for this challenge include are inadequate capacity of local funding sources to finance energy projects, inefficient offtakers, high interest rates among others. This implies that although Sub...
Persistent link: https://www.econbiz.de/10014243777