A Macroeconometric Model of a Developing Economy--Ghana: (simulations and Policy Analysis) |
Common terms and phrases
2SLS Abbey and Clark aggregate demand analysis ANFBOP assumed balance of payments Bank of Ghana capital stock changes Chapter cocoa exports cocoa sector coefficients COGQ COGX consumer consumption expenditures consumption function COWPR current cedis deflator dummy variable econometric econometric models economy of Ghana effects employment estimation exogenous FMPM full model GDFCT Ghana cocoa Ghanaian economy government expenditures Gross domestic product gross investment impact imports labor income lagged least squares linear long tons macroeconometric model macroeconomic MAPE MFAN MGBBG MHPM millions of 1960 millions of current monetary sector money supply multiplier nominal wage nonlabor income nonlinear NPUDD PGDP PNNP predetermined variables Price index price level principal components private consumption private output problem production function rate of interest recursive reduced regression results regressor relation Scenario simulation results specifications Statistics structural system of equations Table tion values Variables Appearing world cocoa YGDE YGDP YOCD