Professor Daniel Sakyi

Doctoral programs in Ghana

Professor Daniel Sakyi

International Economics

Daniel Sakyi is an Associate Professor at the Department of Economics, Kwame Nkrumah University of Science and Technology (KNUST), Kumasi, and a Volkswagen Foundation Postdoctoral Senior Fellow. Additionally, he serve as (ii) a regional trade expert/consultant, (ii) Associate Editor for Foreign Trade Review, (iii) expert trainer for Biennial Review reporting on 2014 Malabo Declaration on accelerated agriculture growth and transformation for shared prosperity and improved livelihoods in Africa facilitated by the African Union Commission and the NEPAD Planning and Coordinating Agency, and (iv) member of African Growth and Development Policy Modeling Consortium (AGRODEP) facilitated by AKADEMIYA2063.

Daniel Sakyi holds BA in Economics and Geography from KNUST, Erasmus Mundus joint MA in Economics of International Trade and European Integration from University of Antwerp, Belgium, and PhD in Economics from University of Pisa, Italy. His research interests lie mainly in the area of development macroeconomics, international trade and finance, and regional integration with a focus on Africa and the developing world at large. He has benefited from research grants from a number of international organizations including the Volkswagen Foundation, the African Capacity Building Foundation, William and Flora Hewlett Foundation and International Development Research Centre, the International Growth Centre, and the African Economic Research Consortium.

Qualification Period
PhD Economics Mar. 2012
MA Economics of International Trade and European Integration Nov. 2007
BA Economics and Geography Jun. 2004

  • Development Macroeconomics
  • International Trade and Finance
  • Regional Integration

Development Macroeconomics, International Trade and Finance, and Regional Integration

Refereed journal papers

Sakyi, D., Darku, B. A., and Immurana, M. (2021), Determinants of Choice of Seaports in ECOWAS Countries, Journal of Developing Areas, 54(4), 79-102, https://muse.jhu.edu/article/794038

Sakyi, D., and Immurana, M. (2021), Seaports Efficiency and the Trade Balance in Africa, Maritime Transport Research, 2(2021), 100026 https://doi.org/10.1016/j.martra.2021.100026

Asaana, A. C., and Sakyi, D. (2021), Empirical Analysis of Demand for Imports in Sub-Sahara Africa, International Trade Journal, 34(4), 360-382, https://doi.org/10.1080/08853908.2020.1832938

Owusu-Ankamah, E., and Sakyi, D. (2021), Macroeconomic Instability and Interest Rate Spreads in Ghana, Business Strategy and Development, 4, 41-48, https://doi.org/10.1002/bsd2.155

Sakyi, D., Appiah, C. K., Ayesu, K. E., Immurana, M., and Baidoo, T. S. (2020), A terminal level analysis of service quality at Nigerian seaports, Journal of Shipping and Trade, 5:17, https://doi.org/10.1186/s41072-020-00069-9

Sakyi, D. (2020), A Comparative Analysis of Service Quality among ECOWAS Seaports, Transportation Research Interdisciplinary Perspective, 6(2020), 100152, https://doi.org/10.1016/j.trip.2020.100152

Egyir, J., Sakyi, D., and Baidoo, S. T. (2020), How Does Capital Flows Affect the Impact of Trade on Economic Growth in Africa? The Journal of International Trade & Economic Development, 29(3), 353-372, https://doi.org/10.1080/09638199.2019.1692365

Baidoo, S. T., Sakyi, D., and Aidoo, J. B. (2020), Does Gender Matter in Credit Denial Among Small and Medium Scale Enterprises in Ghana? International Journal of Entrepreneurship and Small Business, 39(3), 339-362. https://doi.org/10.1504/IJESB.2020.104980

Sakyi, D., and Afesorgbor, S. K. (2019), The Effects of Trade Facilitation on Trade Performance in Africa, Journal of African Trade, 6(1-2), 1-15, https://doi.org/10.2991/jat.k.191129.001

Akoto, L., and Sakyi, D. (2019), Empirical Analysis of the Determinants of Trade Balance in Post-liberalization Ghana, Foreign Trade Review, 54(3), 177-205, https://doi.org/10.1177/0015732519851632

Baidoo, S. T., Sakyi, D., Aidoo, J. B., and Yusif, H. (2019), Multiple Borrowing and Loan Default: Evidence from Small and Medium Scale Enterprises in Ghana, Ghanaian Journal of Economics, 7(1), 71-96, https://hdl.handle.net/10520/EJC-1b2f72f834

Sakyi, D., Onyinah, O. P., Baidoo, T. S., and Ayesu, K. E. (2019), Empirical Determinants of Saving Habit among Commercial Drivers in Ghana, Journal of African Businesshttps://doi.org/10.1080/15228916.2019.1695188

Sakthivel, P. Chittedi, R. K., and Sakyi, D. (2019), Price Discovery and Volatility Transmission in Currency Spot and Futures Markets in India: An Empirical Analysis, Global Business Review, 20(4), 931-945, https://doi.org/10.1177/0972150917721834

Sakyi, D., Bonuedi, I., and Osei Opoku, E. E. (2018), Trade facilitation and social welfare in Africa, Journal of African Trade, 5(1-2), 35-53, https://doi.org/10.1016/j.joat.2018.08.001.

Akrofi, B., Ackah, I., and Sakyi, D. (2018), Analysis of the drivers of Ghana’s Energy Demand Change using the Laspeyres index method of decomposition: Q-effect, I-effect and S-effect, OPEC Energy Review, 42(3), 262-276, https://doi.org/10.1111/opec.12137.

Sakyi, D., Villaverde, J., Maza, A., and Bonuedi, I. (2017), The Effects of Trade and Trade Facilitation on Economic Growth in Africa, African Development Review29(2), 350-361, https://doi.org/10.1111/1467-8268.12261

Sakyi, D., Osei Mensah. I., and Obeng, S. K. (2017), Inflation Targeting Framework and Interest Rates Transmission in Ghana: An Empirical Investigation, Journal of African Business18(4): 417-434, https://doi.org/10.1080/15228916.2017.1327299

Sakyi, D., and Egyir, J. (2017), Effects of Trade and FDI on Economic Growth in Africa: An Empirical Investigation, Transnational Corporations Review, 9(2):66-87, https://doi.org/10.1080/19186444.2017.1326717

Obeng, S. K., and Sakyi, D. (2017), Explaining the Growth of Government Spending in Ghana, The Journal of Developing Areas51(1): 103-128, https://doi.org/10.1353/jda.2017.0006

Obeng, S. K., and Sakyi, D. (2017), Macroeconomic Determinants of Interest Rates Spreads in Ghana, African Journal of Economic and Management Studies8(1), 76-88, https://doi.org/10.1108/AJEMS-12-2015-0143

Sakyi, D., Boachie, M. K., and Immurana, M. (2016), Does Financial Development Drive Private Investment in Ghana? Economies4(4)27, https://doi.org/10.3390/economies4040027

Asamoah, A. L., Agana, J. A., and Sakyi, D. (2016), Does Interest Rate Matter to the Ghanaian Stock Market? International Journal of Management Practice9(2), 159-172, https://ssrn.com/abstract=2782469

Ofori-Abebrese, G., Amporfu, E., and Sakyi, D. (2016), Do Economic Policy Decisions Affect Stock Market Development in Ghana? Botswana Journal of Economics14(1), 33-51, https://www.ajol.info/index.php/boje/article/view/152562

Adams, S., Sakyi, D., and Osei Opoku, E. E. (2016), Capital Inflows and Domestic Investment in sub-Saharan Africa: Evidence from Pooled Mean Group (PMG) Estimation Approach, Foreign Trade Review51(4), 1-16, https://doi.org/10.1177/0015732516650820

Sakyi, D., Commodore, R., and Osei Opoku, E.E. (2015), Foreign Direct Investment, Trade Openness and Economic Growth in Ghana: An Empirical Investigation, Journal of African Business16 (1-2), 1-15, https://doi.org/10.1080/15228916.2015.1061283

Sakyi, D., Villaverde, J., and Maza, A. (2015), Trade Openness, Income Levels, and Economic Growth: The Case of Developing Countries, 1970-2009, The Journal of International Trade and Economic Development24(6), 860-882, https://doi.org/10.1080/09638199.2014.971422

Sakyi, D. (2013), On the Implications of Trade Openness, Foreign Aid and Democracy for Wagner’s Law in Developing Countries: Panel Data Evidence from West African Monetary Zone (WAMZ), The Journal of Developing Areas47(2), 319-339, https://www.jstor.org/stable/23612295

Sakyi, D., Villaverde J., Maza A., and Chittedi, K. R. (2012), Trade Openness, Growth and Development: Evidence from Heterogeneous Panel Cointegration Analysis for Middle-Income Countries, Revista Cuadernos de Economia, Special Issue, 31(57), 21-40, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2180858

Sakyi, D., and Adams, S. (2012), Democracy, Government Spending, and Economic Growth: The Case of Ghana, 1960 - 2008, Margin: The Journal of Applied Economic Research6(3): 361-383, https://doi.org/10.1177/097380101200600303

Sakyi, D. (2012), Economic Globalisation, Democracy and Income in Sub-Saharan Africa: A Panel Cointegration Analysis, Global Economy and Finance Journal, 5(1): 1-16.

Sakyi, D. (2011), Trade Openness, Foreign Aid and Economic Growth in Post-liberalisation Ghana: An Application of ARDL Bounds Test, Journal of Economics and International Finance, 3 (3), 146, https://academicjournals.org/article/article1379672933_Sakyi.pdf

Other publications

Amporfu, E., Sakyi, D., Frimpong, P. B., Arthur, E., and Novignon, J. (2018), The Distribution of Paid and Unpaid Work among Men and Women in Ghana: The National Time Transfer Accounts Approach, Counting Women’s Work (CWW) Ghana, Working Paper WP3, https://static1.squarespace.com/static/5994a30fe4fcb5d90b6fbeab/t/5bac0147e5e5f0a558dc4aac/1537999186215/CWW+WP3.pdf

Traoré, F., and Sakyi, D. (2017), “Africa Global Trade Patterns” in African Agricultural Trade Status Report 2017, International Food Policy Research Institute, pp. 6-35, https://www.ifpri.org/publication/africas-global-trade-patterns

Sakyi, D., and Osei Opoku, E. E. (2016), “The Twin Deficits Hypothesis in Developing Countries: Empirical Evidence for Ghana”. IGC Working Paper No. S-33201-GHA-1. International Growth Centre, London School of Economics, https://www.theigc.org/project/the-twin-deficits-hypothesis-in-developing-countries-empirical-evidence-for-ghana/

Sakyi, D., and Osei Opoku, E. E. (2014), “Regionalism and Economic Integration in Africa: A Conceptual and Theoretical Perspective, Occasional Paper No. 22, African Capacity Building Foundation, Harare, Zimbabwe, https://elibrary.acbfpact.org/cgi-bin/acbf?e=d-010off-acbf--00-1--0---0-10-tx-1%2C1%2C1%2C1-4-------0-11l--11-en-50---20-home---01-3-1-000--0-0-11-0utfzz-8-&a=d&d=HASHea569083ac1a8d9c194c52&gg=0

Amporfu, E., Sakyi, D., and Boakye, F. P. (2014), “Demographic Dividend of Ghana: The National Transfer Accounts Approach”, National Transfer Accounts (NTA) Working Paper No. WP14-02, https://www.ntaccounts.org/web/nta/show/WP14-02

Adams, S., and Sakyi, D. (2012), “Globalisation, Democracy, and Government Spending in Sub-Saharan Africa: Evidence from Panel Data”, In Globalisation and Responsibility, Zlatan Delic (Ed.), InTech Press, https://www.intechopen.com/books/globalization-and-responsibility/globalization-democracy-and-government-spending

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