This study aims to find out whether exchange rate volatility affects real estate domestic house prices in Ghana. To this end, a 32 years secondary data from World Development Indicators (WDI) and data from Real Estate Developers in Ghana are employed for the study. The study employs Autoregressive distributed lags (ARDL) bounds testing of cointegration t o test the null hypothesis that exchange rate volatility has n o impact on real estate housing prices. The study finds that real estate price is cointegrated with remittances, exchange rate and inflation. The long run equilibrium is stable and significant. Exchange rates d o not cause changes in real estate prices in both short and long run. Similarly past prices of real estate d o not have impact on current house prices. Rather, remittances positively cause real estate prices. Inflation on its part has a negative impact on real estate prices. It is therefore concluded that, volatility in the exchange rate between the cedi and other trading currencies does not predict changes in real estate prices.
In the wave of raging debate, even on the floor of parliament, as to whether it would be expedient to commercialize Bikes’ usage in Ghana, it is important to look at its benefits or otherwise. Hence, the study sought to show whether Ghana should legalize the commercial use of motor cycles and tricycles operations. The design was a descriptive study which used quantitative tool to show public acceptance or rejection of commercializing the use of motorcycles and tricycles in Ghana. The study was based on the use of questionnaires for the data collection and were analyzed using Microsoft Excel. The sample population considered was Five (5) Regions in Ghana which are Central, Greater Accra, Bono, Bono East and Northern Regions. Questionnaires of 460 were drawn for the study. It was found out, among others, that many of the riders do not possess licenses; riders are aware of robbery incidents perpetuated by their colleagues; police harassments and passenger pressure are strong reasons for not observing traffic regulations; unfavorable road architecture; the activity is a good source of income. It was therefore recommended that, the okada/pragia/keke/motor king/motor kia operations should be legalized for commercial use with regulations and strict compliance by actors or operators.
In the wave of raging debate, even on the floor of parliament, as to whether it would be expedient to commercialize Bikes’ usage in Ghana, it is important to look at its benefits or otherwise. Hence, the study sought to show whether Ghana should legalize the commercial use of motor cycles and tricycles operations. The design was a descriptive study which used quantitative tool to show public acceptance or rejection of commercializing the use of motorcycles and tricycles in Ghana. The study was based on the use of questionnaires for the data collection and were analyzed using Microsoft Excel. The sample population considered was Five (5) Regions in Ghana which are Central, Greater Accra, Bono, Bono East and Northern Regions. Questionnaires of 460 were drawn for the study. It was found out, among others, that many of the riders do not possess licenses; riders are aware of robbery incidents perpetuated by their colleagues; police harassments and passenger pressure are strong reasons for not observing traffic regulations; unfavorable road architecture; the activity is a good source of income. It was therefore recommended that, the okada/pragia/keke/motor king/motor kia operations should be legalized for commercial use with regulations and strict compliance by actors or operators.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.