Growth in Ghana: a macroeconometric model simulation integrating agriculture.

Introduction. Growth strategy in Japan and Malaysia - a review: Japan (1954-1970) Malaysia summary of growth strategy. The Ghanaian economy - structure and performance: the political economic setting post-independence economic structure growth performance of the economy summary and conclusion. Modelling the Ghanaian economy: macro models for developing economies macroeconometric models on Ghana the theoretical structure of current model basic blocks of the model and quality of data. Econometric results: econometric estimating methods list of variables and estimated equations discussion of econometric results. Model validation and policy simulations: simulation techniques and model evaluation goodness-of-fit measures employed in model evaluation validating the model, MAPE and simulated data trajectory , multiplier analyses, import tax rate hike, devaluation, government investment multiplier, cocoa sub-model multipliers forecast simulations of the model, 1988-1997, growth prospects of the economy, 1988-1997 appraising the model's growth projections - forecast versus actual data forecast simulation experiments, cocoa market stability and Ghanaian economy, the Buffer Stock Manager (BSM) operations, food sector productivity enhancing simulations summary of principal findings East Asia experience in agricultural development some considerations for domestic agricultural policy. Conclusion: summary and main findings recommendations for future research.