Director of the Institute of Continuing and Distance Education (GCTU)
An Economist and a Microeconometrician with research interest in gender, development and financial economics
Prof. Frank Gyimah Sackey is an Economist, a Microeconometrician and educationist with research interest in gender, development, and financial economics. Prof. Sackey’s professional career started from the Department of Economics, now School of Economics of the University of Cape Coast as a Senior Research Assistant where he lectured in Economics at the undergraduate level. He was part of the three-member team that secured a TALIF fund for the introduction of an M.Sc. (Economics of Technology and Development) Sandwich Programme in the Department of Economics.
He later joined the Central Region Development Commission (CEDECOM), as a Senior Project/ Research Officer in charge of investment promotion and training of micro and small-scale entrepreneurs in the Central Region of Ghana. While at CEDECOM, he helped to secure some funds from the Micro and Small Loan Centre (MASLOC) for the expansion of the CEDECOM Microfinance Centre. .
He later joined the Catholic University College of Ghana as a lecturer. In 2013 he left for Spain to pursue a PhD on a Marti Franqués Fellowship at the Universitat Rovira i Virgili, one of the top Public Universities in Spain. While there, he lectured in International Economic Relations that attracted a lot of students on the Erasmus Mundus exchange programme for three consecutive years in the Campus Terres de l’Ebre, Reus
He was also a visiting PhD scholar at the Department of Economics of the University of Copenhagen in Denmark. In 2016, he returned to the Catholic University College of Ghana upon completion of his PhD as a Lecturer and later rose to the rank of a Senior Lecturer and appointed as the Dean of the School of Research and Graduate Studies. It was during his time that the University’s MBA and MPH programmes had large enrolments as quality was assured.
In 2019, he Joined the now Ghana Communication Technology University as the Head of the Department of Economics and now the Director of the Institute of Continuing and Distance Education. He is a Research Fellow of the International Network for Economic Research (INFER).
No. PUBLICATION 1 Sackey, F.G., Asravor, R.K, & Lamptey, C. (2023). Factors influencing the perception and the willingness to take the COVID 19 vaccine among the working population in Ghana. Journal of Integrated Care. https://doi.org/10.1108/JICA-05-2023-0032.
2 Asravor, R.K., & Sackey, F.G. (2023). Impact of technology on macro-level employment and the workforce: What are the implications for job creation and job destruction in Ghana? Social indicators research, 1-19. https://doi.org/10.1007/s11205-023-03109-6.
3 Isaac Ankrah,I., Dogah,K., Twumasi-Ankrah, S., Sackey,F.G., Asravor,R., Donkor, D.O., Lamptey, C., Arthur, L. (2023). Is energy transition possible for oil-producing nations? Probing the case of a developing economy. Cleaner Production Letters, (4) https://doi.org/10.1016/j.clpl.2023.100031.
4 Sackey, F.G., Asravor, K. & Ankrah, I. (2022) Do Trade Openness and Domestic Credit to the Private Sector Stimulate Economic Growth in Ghana? A Bound Test Approach. International Journal of Business Competition and Growth. DOI: 10.1504/IJBCG.2022.10052173.
5 Riverson, O., Aryeequaye, N.A. & Sackey, F. G (2022). Evaluating the effect of petroleum price volatility on government revenue in Ghana. International Journal of Oil Gas and Coal Technology. DOI: 10.1504/IJOGCT.2022.10050521.
6 Ankrah, I., Sackey, F.G., & Tumasi-Ankrah, S. (2022). Towards a cleaner energy system: Estimating the odds of transitioning to an energy efficient state. Cleaner Energy Systems, 2(2022) 100006.
7 Asravor, R.K., & Sackey, F. G. (2022). Wage price floors and sectoral employment outcomes in Ghana. Indian Journal of Economics. 65(1) No.6, 103-122.
8 Frimpong, F.A., Akwaa-Sekyi, E.K., Sackey, F.G. & Saladrigues Sole, R. (2022). Venture capital as innovative source of financing equity capital after the financial crisis in Spain. Cogent Business & Management, 9(1), 2087463
9 Diaz-Serrano, L., & Sackey, F.G. (2022). Is microfinance really helping the most vulnerable? An empirical test of the effectiveness of the Ghana’s Microfinance Policy Reform. Applied Economics.
10 Bediako, Y., Gyaase, P. O., & Sackey, F. G. (2022). The Effect of Monetary Policy on Price Stability and Gross Domestic Product in Ghana: A Predictive Analytic Approach. International Journal of Data Analytics (IJDA), 3(1), 1-17. http://doi.org/10.4018/IJDA.307066.
11 Sackey, F.G. (2021) Impact of African leaders’ characteristics and regime transitions on economic growth in Africa: A dynamic model approach. Social Sciences and Humanities Open, 4 (1). (Elsevier-Open access). https://doi.org/10.1016/j.ssaho.2021.100147.
12 Sackey, F.G. and Amponsah, P.K. (2020). Information asymmetry and self-denial in gender participation in commercial banks’ credit markets in Ghana. Journal of Small Business & Entrepreneurship. (Taylor and Francis-Scopus indexed). https://doi.org/10.1080/08276331.2020.1821530
13 Sackey, F.G., Amponsah, P.N., & Yeboah, P. (2019). A decomposition and counterfactual analysis of the effect of parents’ educational status on youth employment outcomes. Studies in Economics and Econometrics, 43(2), 9-28. (Taylor and Francis-Scopus indexed). https://doi.org/10.1080/10800379.2019.12097346
14 Sackey, F.G., Yeboah, P.K., & Owusu, D. J. (2019). Impact of board structure on the performance of rural and community banks in the emerging economies. Corporate Board: Role, Duties and Composition, 15 (1), 33-42. (Virtus Interpress-Open access/ Scopus indexed). https://doi.org/10.22495/cbv15i1art4.
15 Sackey, F.G (2018) Borrower-Lender relationship and access to commercial banks’ credit market. Journal of Sustainable Finance and Investment, 9 (1), 33-44. (Taylor and Francis-Scopus indexed). https://doi.org/10.1080/20430795.2018.1507130.
16 Sackey, F.G., & Amponsah, P.N. (2018) Gender discrimination in commercial banks’ credit market in Ghana: A decomposition and counterfactual analysis. African Journal of Business and Economic Research, 13(2), 121-140. (Sabinet, Adonis and Abbey- Scopus indexed). https://doi.org/10.31920/1750-4562/2018/v13n2a6.
17 Sackey, F.G. (2018). Is there discrimination against the agricultural sector in the credit rationing behavior of commercial banks in Ghana? Agricultural Finance Review, 78 (3), 348-363. (Emerald-Scopus indexed). https://doi.org/10.1108.AFR-08-2017-0077.
18 Diaz-Serrano, L., & Sackey, F.G., (2017) Microfinance and Credit Rationing: Does the Microfinance Type Matter? Journal of Sustainable Finance and Investment, 8 (2), 114-131. (Emerald-Scopus indexed). https://doi.org/10.1080/20430795.2017.1403181.
19 Sackey, F.G., & Amponsah, P.N. (2017) Willingness to accept capitation payment system under the Ghana National Health Insurance Policy: do income levels matter? Health Economics Review, 7 (38), 1-13. (Springer-Scopus indexed). https://doi.org/10.1186/s13561-017-0175-1
20 Akotey, J.O., Sackey, F.G., Amoah, L & Manso, F.R. (2013) The financial performance of life insurance companies in Ghana, Journal of Risk Finance, 14 (3), 286 – 302. (Emerald – Scopus indexed). https://doi.org/10.1108/JRF-11-2012-0081
21 Compah-Keyeke, G. Sackey, F.G., & Azinim, A. M., (2013). Public expenditure and health status in Ghana. Journal of Economics and Sustainable Development, 4 (11), 88-99.
22 Sackey, F.G., & Nkrumah, E. M (2012). Financial sector deepening and economic growth in Ghana. Journal of Economics and Sustainable Development, 3 (8), 122-139.
23 Sackey, F.G., & Agyemang, W. (2011). The impact of acquisition on the dividend policy of the acquiring companies in the UK (1995-2004). International Journal of Investment and Finance, 4 (1&2), 49-64.
24 Sackey, F.G., Compah-Keyeke, G., & Nsoa, J. (2012). Foreign direct investment and economic growth in Ghana. Journal of Economics and Sustainable Development, 3 (10), 120-133.
25 Sackey, F.G., & Jehu-Appiah (2011) Determinants of the savings culture of the formal sector workers in Ghana. International Journal of Investment and Finance, 4 (1&2), 113-131.
26 Sackey, F.G., & Compah-Keyeke, G. (2012). Testing for the existence of politico-economic cycles in Ghana. Journal of Economics and Sustainable Development, 3(13), 63-71.
27 Sackey, F.G., (2011). The Economics of oil revenue management. International Journal of Economic and Development Issues, 10 (1&2), 31-36.
27 Sackey, F.G., (2011). Microeconomic determinants of private inward remittances to households in Ghana. Journal of Economics and Sustainable Development, 2 (2), 59-67.
29 Sackey, F.G., & Akotey, O.J. (2011). Effects of share pricing on firm’s performance in Ghana. A panel evidence. Journal of Economics and Sustainable Development, 2. (4), 140-153
30 Ahiawodzi A., & Sackey, F. G. (2010). Determinants of commercial banks’ profitability in Ghana: A panel evidence for the period 1999-2008. International Journal of Economic and Development Issues, 9 (1 &2), 56-67.
31 Ahiawodzi, A., & Sackey, F.G. (2010). Determinants of credit rationing to the private sector in Ghana. African Journal of Business and Economic Research, 5 (1), 23-49.
32 Sackey, F.G., & Kouacou M. D. E. (2010). Effects of foreign banks under foreign direct investment on the performance of Ghanaian banks: A panel evidence from 1996-2006. International Journal of Investment and Finance, 3 (1&2), 106-129.
DATE DEGREE/QUALIFICATION INSTITUTION PhD Economics Universitat Rovira i Virgili, Tarragona, Spain M.Phil. Economics University of Cape Coast, Ghana B.Ed. Social Sciences (Economics) University of Cape Coast, Ghana
DATE POSITION HELD 2022-date Director of Institute of Continuing and Distance Education, GCTU 2019-2022 Head of Department of Economics, Ghana Communication Technology University 2016-2019 Dean of School of Research and Graduate Studies, Catholic University of Ghana. 2007-2013 Students Life Support/Hostel Supervisor, Catholic University of Ghana.
Areas of Expertise/Research
• Gender Economics
• Economics of Discrimination
• Financial and Development Economics
• Applied Micro
• Macro and Financial econometrics
• Microfinance Policy and Human Capital
• Health Economics
• 2023: Participated in the 3oth Afreximbank annual meeting/workshop, Accra.
• 2022: Participated in a stakeholder workshop on the establishing of Open University Ghana, organized by GTEC, Accra, Ghana.
• 2022: Participated on a workshop on online distance teaching and learning stakeholder workshop at Lawer open university, Accra, Ghana.
• 2019 Participated in an International Conference on Education, Technology, and Entrepreneurship. Ghana Technology University College, Accra, Ghana..
• 2019 Presented a Paper, “African leaders’ characteristics and regime transitions on Economic growth: A dynamic model approach,” at the University of Cape Coast.
• 2019 National multiplication training workshop for Deans and Heads of Departments. (DIES). Central University, Prampram..
• 2018 National multiplication training workshop for Deans and Heads of Departments. (DIES). Sunyani
• 2016 Presented a paper, “Policy and Discrimination in the Microfinance Market in Africa: The Case of Ghana.” Using the Generalized Blinder-Oaxaca Decomposition. 16th Annual INFER Workshop, Reus, Spain.
• 2016 Presented a paper “Empowering the vulnerable to be entrepreneurs: An empirical test on the effectiveness of the Ghana Microfinance Policy 2006” at a conference organized by the Department of Economics of the University of Copenhagen, Denmark.
• 2015 Participated in the Fourth Research Seminar for PhD Students across Europe at Universitat Rovira i Virgili, Spain as a Presenter Discussant.
• 2013 Participated in a Workshop in Industrial and Public Policy, Universitat Rovira i Virgili, Spain.
• 2013 Participated in the Second PhD Seminar for PhD Students across Europe at Universitat Rovira i Virgili, Spain.
•2010 Presented a paper on, “The Effects of Foreign Banks under Foreign Direct Investment on the Performance of Ghanaian Banks,” at the Sixth International GABER Conference in October 17-19, in New York USA..
• 2010 Participated in a seminar on “The Prospects and Challenges of Ghana’s Emerging Oil and Gas Economy”: A Seminar Organized by the Institute of Chartered Economists of Ghana, Accra, Ghana.
• 2010 Participated in a seminar by the Civil Society Platform on Oil and Gas on, “Ghana’s Preparation for Oil and Gas Production- Consolidating Citizen’s Views for Sustainable Resource Management”. Sponsored by the World Bank, Friedrich Ebert, and Oxfam. Ghana International Conference Centre, Accra, Ghana.
Marti Franguès Doctoral Fellowship.