Evaluating the impact of a 24-hour economy on Ghana's economic landscape: A computable general equilibrium approach
Yakubu Abdul-Salam
Socio-Economic Planning Sciences, 2024, vol. 95, issue C
Abstract:
The National Democratic Congress (NDC), Ghana's leading opposition political party, has unveiled an ambitious ‘24-hour economy’ policy proposal ahead of the country's forthcoming general elections in 2024. The policy aims to revitalise the nation's economic landscape by fostering round-the-clock operations in key sectors. This paper employs a dynamic Computable General Equilibrium (CGE) model framework, underpinned by the 2015 Ghana Social Accounting Matrix (SAM) and the 2021 Ghana Population and Housing Census (PHC) data, to evaluate the potential impact of the policy on Ghana's economy.
Keywords: 24-hour economy; CGE; Ghana; Economic impact; Employment; Welfare (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceps:v:95:y:2024:i:c:s0038012124002167
DOI: 10.1016/j.seps.2024.102017
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