Ghana Macro Data
This data is made available by the Centre for the Study of African Economies at the University of Oxford. Permission for use of the data for academic research is given by the Centre. We ask that the use of the data, its sources, and the financing for the surveys be acknowledged.
The data available here is for the following paper by Francis Teal:
Francis Teal, "Export growth and trade policy in Ghana in the twentieth century", The World Economy, Vol. 25, No.9, September 2002.
Published by Blackwells.
Ghana's exports on a per capita basis failed to grow over the course of the twentieth century. The reasons for this outcome are examined in this paper. It is argued that the success which characterised the period before independence was due to the combination of an open trade policy and flexible factor markets. The reversal of such policies at the time of independence was the source of the subsequent decline. While the terms of trade for Ghana's exports have fluctuated substantially there has been little change in their level over the century. Economic failure since independence has been due to domestic policies limiting export growth. The reforms of the post 1983 period have succeeded in preventing further decline; they have failed to provide a policy environment in which rapid growth of exports can occur. The nature of this policy failure is discussed.
The variables listed below are available in a Microsoft Excel file called "ghpublic.xls" (41kB), or in a plain text Microsoft Excel file ghpublic_plain (19kB). Details of the definitions of these variables can be found in the paper.
|Variable name||Quantity Represented|
|xvalus95pc||Value of Total Exports per Capita in constant 1995 US$ prices|
|xcvalus95pc||Value of Cocoa Exports per Capita in constant 1995 US$ prices|
|xcvol95pc||Volume of Cocoa Exports per Capita (1995=100)|
|xncvol95pc||Volume of Non-Cocoa Exports per Capita (1995=100)|
|pxcm95||World Price of Cocoa deflated by Import prices|
|pxncm95||World Price of Non-Cocoa Exports deflated by Import prices|
|lxcvol95pc||Log of (Volume of Cocoa Exports) Index 1995=100|
|gxcvol95pc||Growth Rate of Cocoa Exports per Capita|
|lxncvol95pc||Log of (Volume of Non-Cocoa Exports) Index 1995=100|
|gxncvol95pc||Growth Rate of Non-Cocoa Exports per Capita|
|lppcm95||Log of (Real Producer Price for Cocoa Exports)|
|lppncm95||Log of (Real Producer Price for Non-Cocoa Exports)|
|popgh||Population of Ghana|
|usdef95||GDP deflator for US|
|xusdcor||Corrected Values for Total Exports in US$|
|xctons||Cocoa Exports in Tons|
|pm95||Price Index for Imports 1995=100|
|rpi95||Retail (Consumer) Price Index 1995=100|
|xvol95pc||Volume of Exports per Capita (1995=100)|
|xvol95||Volume of Exports (1995=100)|