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Article
Publication date: 7 August 2018

Frank Agyire-Tettey, Charles Godfred Ackah and Derek Asuman

The purpose of this paper is to assess determinants of returns to male and female entrepreneurship in Ghana, Kenya and Uganda at selected quantiles along the distribution, as well…

Abstract

Purpose

The purpose of this paper is to assess determinants of returns to male and female entrepreneurship in Ghana, Kenya and Uganda at selected quantiles along the distribution, as well as examine gender gaps in returns to entrepreneurship and factors contributing these gaps.

Design/methodology/approach

Employing a unique data set collected in the three countries on entrepreneurial motivations, constraints and performance, the authors apply unconditional quantile regression technique to assess the determinants of returns to entrepreneurship at various quantiles along the distribution. Additionally, the authors employ decomposition techniques to assess gender gaps in returns to entrepreneurship at various points along the distribution. The data contain extensive information on entrepreneur’s personal characteristics, including parental background and household composition and structure.

Findings

The study finds substantial differences in determinants of returns to male and female entrepreneurship along the distribution, with firm asset increasing returns to entrepreneurship. There is also the presence of gender gaps in returns to entrepreneurship at the lower-end of distribution, however, gaps disappear at the upper tail of the distribution, indicative of sticky floors in returns to entrepreneurship in Ghana, Kenya and Uganda. The authors also find gender bias against female entrepreneurship in the three countries, as unobserved characteristics largely responsible for the gender gaps in entrepreneurial returns.

Originality/value

This work has been undertaken by the authors and has not been carried out by any other person. The study will add to the existing literature on gender and returns to entrepreneurship.

Details

International Journal of Social Economics, vol. 45 no. 12
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 22 November 2023

Charles Ackah, Gertrude Dzifa Torvikey, Faustina Obeng Adomaa and Kofi Takyi Asante

The marginalisation of female entrepreneurs in accessing credit is well documented. Yet, how female entrepreneurs navigate through the marginalisation to gain funding is…

Abstract

Purpose

The marginalisation of female entrepreneurs in accessing credit is well documented. Yet, how female entrepreneurs navigate through the marginalisation to gain funding is under-explored.

Design/methodology/approach

The authors address this gap using qualitative data from 30 female entrepreneurs in three neighbourhoods with varying socio-economic characteristics in Ghana's capital, Accra.

Findings

The authors find a marked aversion to bank loans among respondents. Consequently, they nurtured trust in their social circles in order to facilitate access to informal credit from internal (e.g. family and friends) and external (e.g. trade credit, associations and religious organisations) sources. This aversion to loans from formal financial institutions (FFIs) had a socio-cultural aspect, including cumbersome application procedures, a deep-rooted fear of the social consequences of defaulting and religious prohibition against interest payment for Islamic traders.

Social implications

This paper shows that providing formal access to credit is not enough to support women's entrepreneurship if the socio-cultural factors inhibiting women's access to credit from FFIs are not addressed.

Originality/value

The findings suggest that trust is an important factor that bridges the gap in female entrepreneurs' access to funding given their heavy reliance on informal sources of funding.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-02-2023-0090

Details

International Journal of Social Economics, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 14 August 2018

Peter Quartey, Charles Ackah and Monica Puoma Lambon-Quayefio

The increase in volumes and circulation of internal and international remittances have become a substantial part of resource flow for economic development especially in developing…

Abstract

Purpose

The increase in volumes and circulation of internal and international remittances have become a substantial part of resource flow for economic development especially in developing countries with a significant impact on household welfare. The purpose of this paper is to examine the relationship between remittances and savings mobilization.

Design/methodology/approach

Using the most recent wave of the Ghana Living Standard Survey data, the study accounts for the endogeneity in remittance receipts by employing treatment effect estimators, in addition to a probit model to establish the relationship between remittances and likelihood of savings.

Findings

The results suggest that receiving remittances significantly affects household’s propensity to save. Households that receive international remittances seem to have a slightly higher probability of savings compared to households that receive only domestic remittances.

Originality/value

From the literature, whereas the theoretical relationship between savings and remittances is mixed, it is also evident that the empirical relationship between remittances and savings has not been clearly established, especially in sub-Saharan African countries in general and Ghana in particular. The present study adds to the paucity in the literature in two main ways. First, the study provides empirical evidence on the relationship between remittances and savings by not only focusing on international remittances but also on internal remittances. Second, in sharp departure from other studies, the current study employs more robust empirical estimators in estimating the relationship between remittances and savings.

Details

International Journal of Social Economics, vol. 46 no. 1
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 16 October 2023

Issahaku Haruna and Charles Godfred Ackah

Africa's business environment (BE) is characteristically unfriendly and poses severe development challenges. This study evaluates the impact of business climate on productivity in…

Abstract

Purpose

Africa's business environment (BE) is characteristically unfriendly and poses severe development challenges. This study evaluates the impact of business climate on productivity in sub-Saharan Africa (SSA).

Design/methodology/approach

Macroeconomic data for 51 sub-Saharan African economies from 1990 to 2018 are employed for the analysis. The seemingly unrelated regression model is used to address inter-sectorial linkages.

Findings

The study uncovers several findings. First, a high start-up cost substantially leads to productivity losses by limiting the funds available for investment in productivity-enhancing labour and technology and limiting the number of businesses that see the light of day. The productivity impacts of start-up costs are most enormous for industry, followed by services and agriculture. Second, economies with favourable financing environments tend to be more productive economy wide and sector wise. Third, high taxes and tax inefficiency lower productivity by reducing the resource envelope of firms, thus lowering investment amounts. Fourth, poor business infrastructure inflicts the most damage on productivity. Lastly, business administration and macroeconomic environments impact sectoral and economy-wide productivity.

Practical implications

SSA economies must strive to lower the cost of starting a business as high start-up costs injure productivity. One way of reducing start-up costs is to create a one-stop shop for registering and formalising a business. Another way is to automate business registration and administrative processes to reduce red tape and corruption.

Originality/value

The authors extend the body of knowledge by analysing sectoral and economy-wide productivity effects of various business climate indicators while accounting for inter-sectoral linkages, cross-sectional dependence and endogeneity.

Details

International Journal of Emerging Markets, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 4 December 2017

Evans Otieku, Charles Godfred Ackah and David Forkuor

The purpose of this paper is to provide statistical and empirical evidence on the motivations, income determinants and livelihood vulnerabilities of female teenage head porters…

Abstract

Purpose

The purpose of this paper is to provide statistical and empirical evidence on the motivations, income determinants and livelihood vulnerabilities of female teenage head porters. The paper draws from the motivational theory and the livelihood vulnerability approach to assess the motivations, livelihood vulnerabilities and income determinants of female teenage head porters in Kasoa, Ghana.

Design/methodology/approach

The mixed methods data collection instruments were used to collect primary data from 200 randomly sampled female teenage head porters in Kasoa. It includes both close and open-ended questionnaires, one case study and personal observation.

Findings

Based on the estimation, the study found that household poverty, unemployment, desire for regular income and quest for personal independence were significant motivational factors drawing teenage girls into head porting. Also, age of respondents and years of experience in the occupation were the significant determinants of income of respondents. Exposure to frequent malaria, stress and physical pains were common livelihood risk factors faced by the respondents. Majority of them were from the northern region of Ghana and less than 20 percent of them had formal education.

Practical implications

The paper proposed for extensive implementation of robust macroeconomic and specific social protection interventions to enhance equal job and income opportunities as well as to protect the vulnerable.

Originality/value

The study provides statistical and empirical results different from other related studies (Opare, 2003; Awumbila, 2007; Baah-Ennumh et al., 2012; Akanle and Chioma, 2013).

Details

International Journal of Social Economics, vol. 44 no. 12
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 24 August 2012

Charles Ackah and Denis Medvedev

Using a recently compiled dataset on migration and remittances in Ghana, the purpose of this paper is to estimate the determinants of an individual's likelihood to be an internal…

2469

Abstract

Purpose

Using a recently compiled dataset on migration and remittances in Ghana, the purpose of this paper is to estimate the determinants of an individual's likelihood to be an internal migrant and the relationship between internal migration and welfare.

Design/methodology/approach

The paper uses treatment regression techniques to assess the characteristics of Ghanaian migrants, the determinants of migration, and its impact on household welfare.

Findings

The paper finds that the likelihood to migrate is determined by a combination of individual (pull) and community‐level (push) characteristics. The probability of migration is higher for younger and more educated individuals, but communities with higher levels of literacy, higher rates of subsidized medical care, and better access to water and sanitation are less likely to produce migrants. It is found that households with migrants tend to be better off than similar households without migrants, even after controlling for the fact that households with migrants are a non‐random sample of Ghanaians. However, the positive relationship is only true for households with at least one migrant in urban areas.

Research limitations/implications

Clearly, if the authors had access to panel data, they would have been able to do something very nice and clean (on both theoretical and econometric grounds).

Originality/value

This paper adds to the Ghana migration literature by offering a novel empirical assessment of the characteristics of Ghanaian migrants, the determinants of migration, and its impact on household welfare by drawing on a recently‐assembled, nationally‐representative sample of Ghanaian households.

Details

International Journal of Social Economics, vol. 39 no. 10
Type: Research Article
ISSN: 0306-8293

Keywords

Abstract

Details

SDG7 – Ensure Access to Affordable, Reliable, Sustainable and Modern Energy
Type: Book
ISBN: 978-1-78973-802-5

Book part
Publication date: 13 December 2018

Franklin Obeng-Odoom

Transnational corporation (TNC)-led oil investments have been widely encouraged as a mechanism for the development of the Global South. Even though the sector is characterized by…

Abstract

Transnational corporation (TNC)-led oil investments have been widely encouraged as a mechanism for the development of the Global South. Even though the sector is characterized by major accidents, oil-based developmentalist narratives claim that such accidents are merely isolated incidents that can be administratively addressed, redressed behaviorally through education of certain individuals, or corrected through individually targeted post-event legislation. Adapting Harvey Molotch’s (1970) political economy methodology of “accident research”, this paper argues that such “accidents” are, in fact, routine in the entire value chain of the oil system dominated by, among others, military-backed TNCs which increasingly collaborate with national and local oil companies similarly wedded to the ideology of growth. Based on this analysis, existing policy focus on improving technology, instituting and enforcing more environmental regulations, and the pursuit of economic nationalism in the form of withdrawing from globalization are ineffective. In such a red-hot system, built on rapidly spinning wheels of accumulation, the pursuit of slow growth characterized by breaking the chains of monopoly and oligopoly, putting commonly generated rent to common uses, and freeing labor from regulations that rob it of its produce has more potency to address the enigma of petroleum accidents in the global south.

Details

Environmental Impacts of Transnational Corporations in the Global South
Type: Book
ISBN: 978-1-78756-034-5

Keywords

Article
Publication date: 4 December 2017

Mohamed Ismail Sabry

The purpose of this paper is to explore the effect of Public Private Dialogues (PPD) on cronyism accounting for various cultural and governance institutions.

Abstract

Purpose

The purpose of this paper is to explore the effect of Public Private Dialogues (PPD) on cronyism accounting for various cultural and governance institutions.

Design/methodology/approach

It proposes a number of hypotheses on: whether PPD characterized by high official representation and business representation, through mainly building trust, succeed in minimizing cronyism; whether certain cultural and governance institutions help PPD in achieving this; and in cultural settings which are originally inducing cronyism whether PPD help in minimizing cronyism. These are tested empirically using an ordinary least squares multivariate panel regression.

Findings

High official representation and high business people’s participation in PPD were found to help in minimizing cronyism in different cultures. This is arguably attributed to building trust in cultures characterized by having low general trust and low trust in governments. Accountability and transparency are significantly assisting PPD in this regard. Yet, PPD do not always succeed in taming cronyism, and in particular in ethnic fractionalized societies and societies having high collective cultures.

Research limitations/implications

The biggest challenge this research faced was estimating a proxy for PPD. Better data on business associations’ participation worldwide are needed to construct a more developed proxy.

Practical implications

PPD with high business participation and government representation should be encouraged. The same is true for reform leading to higher levels of transparency and accountability.

Originality/value

Constructing a proxy for PPD that allowed meta-analysis; and investigating theoretically and empirically the effect of the interaction of PPD with various institutions on cronyism.

Details

International Journal of Social Economics, vol. 44 no. 12
Type: Research Article
ISSN: 0306-8293

Keywords

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