III. Matrix for Evaluating Indicators of Impacts of Policy and Regulatory Reform

Task 1 Impacts

INDICATORS

D O A Q S P R

Increased Economic

Gross Domestic Product (GDP)

2

3

3

3 N 3

2

Growth

GDP per capita

3

3

3

3 N 3

2

Percentage Change in GDP

3

3

3

3 N 3

2

Employment

2

2

3

3 N 1

1

Unemployment

2

2

3

3 N 1

1

Exports

2

3

3

3 N 3

3

Industrial Production

2

3

3

3 N 2

2

Proportion of Agriculture in GDP

2

2

3

3 N 2

2

Change in Relative Size of the Formal 1

2

1

3 N 2

1

Sector

Increased Exports of

Total value of NTE exports

3

3

3

3

1

3

3

Nontraditional Products Exports nontraditional crops

2

3

3

3

1

3

2

Exports of specific products

3

3

3

3

2

3

3

Increased Exports of

Total value of traditional expoets

3

3

3

3

2

3

3

Traditional Products

Cocoa exports

3

3

3

3

2

3

3

Timber exports

3

3

3

3

2

3

3

Gold exports

3

3

3

3

2

3

3

Increased Food

Value added in agriculture

2

2

3

3 N 2

2

Production

Rate of growth in agriculture

2

3

3

3 N 2

2

Crop production

2

3

3

3

2

2

2

Livestock production

2

2

3

3

2

2

1

Grain production

2

3

3

3

2

2

2

Starchy crop production

3

3

3

3

2

2

2

Per capita food production

3

3

3

3

2

2

1

Crop yields

2

3

2

3

2

2

2

Increased Industrial

Value added by industry

3

3

3

3 N 2

2

Production

Value of Industrial GDP

3

3

3

3 N 3

2

Industrial Percentage Contribution to

2

3

3

3 N 2

2

GDP

Increased Tourism

Number of Tourists Entering Ghana

2

3

3

3

2

3

2

Expenditures by tourists

3

3

3

3

2

1

1

D=Direct, O=Objective, A=Adequate, Q=Quantitative, S=Disaggregated, P=Practical,

R=Reliable;   Ratings are: 3=Strong, 2=Medium, 1=Weak, N=Not Applicable

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