Prince Boakye Frimpong

Prince Boakye Frimpong
Kwame Nkrumah University Of Science and Technology | KNUST · Department of Economics

Doctor of Philosophy

About

22
Publications
3,289
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47
Citations
Citations since 2017
19 Research Items
40 Citations
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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.

Publications

Publications (22)
Article
Full-text available
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....
Article
Full-text available
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...
Article
Full-text available
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...
Article
Full-text available
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...
Article
Full-text available
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...
Article
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...
Article
Full-text available
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...
Article
Full-text available
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...
Preprint
Full-text available
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...
Preprint
Full-text available
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...
Article
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...
Article
Full-text available
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...
Article
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...
Article
Full-text available
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...
Article
Full-text available
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...
Article
Full-text available
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...
Article
Full-text available
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...
Article
Full-text available
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...
Article
Full-text available
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...

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Project (1)
Project
In Ghana about 30% of communities are without grid coverage. There are also communities either located on islands or too sparsely populated that cannot benefit from grid extension. In such communities, alternative energy technology such as solar and diesel-powered generators can be used to generate electricity for them. This study seeks to accomplish two objectives by first estimating the presumed benefits and associated cost of grid extension to communities that qualify for grid extension and second by estimating the costs and benefits of alternative technologies to provide electricity to these communities.