
Prince Boakye FrimpongKwame Nkrumah University of Science and Technology | KNUST · Department of Economics
Prince Boakye Frimpong
Doctor of Philosophy
About
33
Publications
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Introduction
Prince Boakye Frimpong currently works at the Department of Economics, Kwame Nkrumah University of Science and Technology. Prince does research in Development Economics, Health Economics and Econometrics.
Skills and Expertise
Publications
Publications (33)
Purpose
Health shocks are among the factors that have impeded households from experiencing better welfare. To mitigate the consequences of these shocks, individuals have sought to enrol in a formal insurance scheme or borrow from banks. This study estimates the effects of health shocks on households' welfare while examining the mitigating role of s...
Suppressed demand arises from inadequate energy access, resulting in unmet basic needs. Therefore, this study investigates the impact of the informal economy, rising temperatures, and electricity transmission losses on suppressed demand in Ghana from 2000 to 2020, using a quantile autoregressive distributed lag (QARDL) approach. The study forecasts...
As consumers play an increasingly active role in the energy market, understanding their preferences for renewable and non-renewable energy is essential for achieving Sustainable Development Goal 7. This study employs a labelled discrete choice experiment to investigate consumers' preferences and willingness to pay for solar PV panels, power generat...
The study examines the association of bodily pain intensity and pain interference with sleep problems and investigates the mediating role of activity limitation and emotional distress in the pain-sleep problems link.
The literature is replete with studies suggesting that the microcredit market is expanding with varying degrees of impact on male and female clients. The paper investigates the extent to which differences in loan use behaviour and loan amount received contribute to differences in microcredit welfare impact among male and female clients. Using the s...
The International Monetary Fund (2017) defines the informal sector as unrecorded economic activities that possess monetary value and contribute to tax revenue and gross domestic product. This sector accounts for a huge percentage of economic activity in sub-Saharan Africa and given the numerous regulations on the formal sector it may grow further....
This paper examines the effect of natural resource abundance on environmental sustainability while considering the mediation role of policies and institutions for environmental sustainability (PIES). We used 29 sub-Saharan African countries, further disaggregated into 11 resource-rich and 18 resource-poor countries over the period 2005–2017. We fin...
Purpose
This study is motivated by the Compact with Africa (CWA) initiative to promote foreign direct investment (FDI) in Africa. However, FDI is argued to be one of the primary causes of environmental pollution (CO2 emissions). In that regard, this study estimates the impact of the CWA initiative on FDI and environmental pollution.
Design/methodo...
Clarifying and managing demographic changes are central to national economic planning. Yet, how to measure the demographic transition can be fiendishly difficult. This paper breaks new grounds by using the National Transfer Accounts Approach to estimate the lifecycle deficit and the first demographic dividend for Ghana in 2005. The results of the N...
The paper investigates the long run dynamics of money supply, budget deficit and inflation in Ghana. It also tests the validity of the classical, monetary and fiscal theories of price level within the vector error correction framework. Using quarterly data from 1999Q1 to 2019Q4, the paper employs Granger causality test and the vector error correcti...
Crude oil price volatility as an important driver of trade balance of economies has been widely documented in the literature. However, studies on the effect of oil price volatility on trade balance in sub‐Sahara Africa (SSA) are limited. In this paper, we explore the effect of crude oil price volatility on trade balance across 34 SSA countries usin...
The informal sector forms a significant proportion of the private sector of many developing economies. Despite challenges in the exact measurement of its size, the informal sector is noted for its role in employment creation as well as economic output in sub-Saharan Africa. However, access to formal credit is a major challenge for informal firms du...
This study investigates the association between foreign direct investment (FDI) and environmental quality, taking into account policies and institutions for environmental sustainability across 23 sub-Saharan African (SSA) countries. We applied the Generalised Method of Moment (system-GMM) to analyse the data for the period 2005 to 2019. The results...
This paper investigates the consequences of prenatal exposure to hot temperatures on child health in Sub-Saharan Africa (SSA) using a novel indicator of heat waves (the Heat Wave Magnitude Index daily). Leveraging several geo-referenced waves of the Demographic and Health Surveys merged with gridded data on the presence of heat waves and their magn...
Environmental concerns in today’s world cannot be overemphasised. These concerns have interested policymakers and researchers to delve into the causes in order to help mitigate environmental deterioration and support policies and institutions for environmental sustainability. This study, therefore, investigates the association between foreign direc...
This paper assesses the effect of pension receipt on household and individual wellbeing in Ghana using a fuzzy regression discontinuity design. We used data obtained from 3,086 individuals of which retired workers constituted 33% of the final sample. Data was extracted from the current wave of the Ghana Living Standards Survey (GLSS 7). We find pen...
This paper investigates the consequences of prenatal exposure to hot temperatures on child health in Sub-Saharan Africa (SSA) using a novel indicator of heat waves (the Heat Wave Magnitude Index daily). Leveraging several geo-referenced waves of the Demographic
and Health Surveys merged with gridded data on the presence of heat waves and their magn...
The paper studies the effects of underlying shocks of crude oil price movements on the stability of macroeconomic aggregates in Ghana. We develop a structural vector autoregressive to disentangle the sources that have driven shocks in crude oil market and estimate the effects of the identified shocks on macroeconomic aggregates and on three bilater...
This paper applies a local-linear non-parametric kernel regression technique to examine the effect of macroeconomic factors on stock market performance in Ghana. We show that the popular parametric specification in the existing literature suffers from functional misspecification. The evidence suggests that the relationship is non-linear and hence t...
This study is a contribution to the empirics of climate change and its effect on sustainable economic growth in Sub-Saharan Africa (SSA). Using data on two climate variables: temperature and precipitation, and employing panel cointe-gration econometric technique of the long-and short-run effects of climate change on growth, we establish that temper...
The article empirically examines the effect of energy prices on economic growth within the Economic Community of West African States sub-region by acknowledging that the effect of energy prices on growth is quintessentially indirect and hence can be tracked through some channels. Exploiting the System Generalized Methods of Moments estimation techn...
Ghana is presently confronted with persistent budget deficits and burgeoning public debt in excess of 52% of GDP and frequent fluctuations in total output below its long-run trend. This is of great concern which has issues for the country's long term growth and debt sustainability. Though the persistent deficit is a common knowledge, the driving fo...
The article investigates the extent to which the health of the population affects the economic performance using panel data for 30 Sub-Saharan African countries for the period 1970-2010. Using a theoretical model based on an augmented Solow growth model, the authors estimate the relationship between population health capital and economic growth in...
Ghana has pursued extensive reforms of its health care system since the colonial days. The intended goals of such reforms apparently were to improve access, increase efficiency and reduce health inequalities. It has attempted to achieve these goals through a significant state control and interventions through public national health system, albeit s...