Artikel

Foreign aid - real exchange rate nexus: Empirical evidence from Ghana

The contentious effect of foreign aid on real exchange rate in developing countries leading to Dutch disease necessitates further research since its impact can only be determined empirically. Using annual data gathered from the World Bank Development Index database with reference period of 1980 to 2016, we test the Dutch disease hypothesis by empirically examining the effect of foreign aid on real exchange rate in Ghana. Contrary to the findings of studies which establish non-existence of Dutch disease in Ghana, the empirical results of this study reveal otherwise, both in the short-run and long-run. To mitigate Dutch disease menace in Ghana, it is important that the country utilize its ideal productive capacity to cushion its aid-induced increased demand.

Language
Englisch

Bibliographic citation
Journal: Cogent Economics & Finance ; ISSN: 2332-2039 ; Volume: 6 ; Year: 2018 ; Issue: 1 ; Pages: 1-23 ; Abingdon: Taylor & Francis

Classification
Wirtschaft
Subject
Dutch disease
foreign aid
Ghana
real exchange rate

Event
Geistige Schöpfung
(who)
Adu, Derick Taylor
Denkyirah, Elisha Kwaku
Event
Veröffentlichung
(who)
Taylor & Francis
(where)
Abingdon
(when)
2018

DOI
doi:10.1080/23322039.2018.1499184
Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Adu, Derick Taylor
  • Denkyirah, Elisha Kwaku
  • Taylor & Francis

Time of origin

  • 2018

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