Impact Assessment of the Cocoa Rehabilitation Project in Ghana Data

This research was undertaken to assess the possible linkage between the Cocoa Rehabilitation Project (CRP) introduced into the cocoa sector of Ghana from 1988 to 1993 and cocoa export performance by evaluating time series data from 1988 to 2018. The research used Johansen cointegration to measure the relationship between Ghana cocoa exports as the response variable and Ghana cocoa production, world cocoa export and production, world cocoa prices, gross domestic product growth rate of Ghana and real exchange rate between the Ghanaian Cedi and US Dollar. The study reports no significant relationship between the response and explanatory variables in the long run. Conclusion on the data set is that the explanatory variables explored in the research do not have any substantial influence on the response variable.