Estimating the impact of economic globalization on economic growth of Ghana: Wavelet coherence and ARDL analysis

Baidoo, Samuel Tawiah; Tetteh, Bright; Boateng, Elliot; Ayibor, Raphael Edem

doi:10.1016/j.resglo.2023.100183

Research in Globalization

2023

DOI: 10.1016/j.resglo.2023.100183

|View full text |Cite

Estimating the impact of economic globalization on economic growth of Ghana: Wavelet coherence and ARDL analysis

Samuel Tawiah Baidoo,

Bright Tetteh,

Elliot Boateng

et al.

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2024

Publication Types

Select...

Article5

Relationship

Self Cite0

Independent5

Authors

Journals

Cited by 6 publications

References 71 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

Achieving sustainable development in Sub‐Saharan Africa: Do human capital and foreign direct investment matter?

Onatunji

2024

Manage Decis Econ

View full text Add to dashboard Cite

Over the past few decades, there has been a noticeable development of interest among scholars and policymakers worldwide regarding the prominent drivers of sustainable development. The role of human capital and foreign direct investment (FDI) in fostering sustainable development, however, has been largely neglected by policymakers and scholars, despite recent emphasis on FDI amidst current economic performance worldwide, particularly in developing countries. This study empirically investigates the effect of human capital and FDI on sustainable development in sub‐Saharan Africa (SSA) spanning 1991–2021. The empirical analysis was implemented by deploying different techniques, such as feasible generalized least squares, panel corrected standard errors, and Lewbel two‐stage least square techniques, with the panel quantile regression approach as a robustness check. The empirical outcomes show that improvement in human capital via educational attainment fosters economic expansion, employment opportunities, and poverty reduction, whereas an increase in health human capital undermines sustainable development in SSA. The findings also reveal that increasing FDI flows to priority sectors in the region are critical for enhancing human capital, thus stimulating economic performance, job opportunities, and poverty alleviation in SSA. This study puts forward important policy implications for achieving sustainable development.

show abstract

Achieving sustainable development in Sub‐Saharan Africa: Do human capital and foreign direct investment matter?

Onatunji

2024

Manage Decis Econ

View full text Add to dashboard Cite

show abstract

Does good governance intensify the impact of energy finance on globalization? Evidence from BRICS nations

Mominur Rahman,

Golam Faruque,

Emran Hossain

2024

Research in Globalization

View full text Add to dashboard Cite

The impact of tourism, urbanization, globalization, and renewable energy on carbon emissions: Testing the inverted N-shape environmental Kuznets curve

Purwono,

Sugiharti,

Esquivias

et al. 2024

Social Sciences & Humanities Open

View full text Add to dashboard Cite

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

customersupport@researchsolutions.com

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

Estimating the impact of economic globalization on economic growth of Ghana: Wavelet coherence and ARDL analysis

Cited by 6 publications

References 71 publications

Achieving sustainable development in Sub‐Saharan Africa: Do human capital and foreign direct investment matter?

Achieving sustainable development in Sub‐Saharan Africa: Do human capital and foreign direct investment matter?

Does good governance intensify the impact of energy finance on globalization? Evidence from BRICS nations

The impact of tourism, urbanization, globalization, and renewable energy on carbon emissions: Testing the inverted N-shape environmental Kuznets curve

Contact Info

Product

Resources

About