Investigating the Sustainability of Resource Flow and Productivity Transition in Ghana: Integrating MFA and DEA Based Malmquist Productivity Index Approach

In many developing countries, the efficiency of resource has become a prime blueprint target for suppliers of resource. This report examines resource productivity and efficiency in Ghana using the EW-MFA amalgamating with DEA Malmquist productivity index approach (DEA) (MDEA). In-depth analysis was done on the resource flow from 1978 to 2017 as well as the associated utilization efficiency taking unforeseen environmental effects into account. Over the past four decades in Ghana, DMC, GDP per capita, and material intensity (DMC/capita) indicated a relationship that is very strong from the results. The productivity of resource (USD/DMC) rise from 82.4 USD/ton to 125 USD/ton (2017) at a significant rate that is lower in Nigerian and Egypt. The increasing wealth (94%) and population (21%) based on the IPAT decomposition led to the rapid explosion of the DMC, while improvement needed to be done by the technology element (DMC/GDP).The total factor productivity comparison among Ghana, Egypt, South Africa, and Nigeria revealed that, on the one hand, Ghana’s economy has seen a significant upward trend with EFFCH 1.061 and TECHCH 1.046 during the past four decades. However, Ghana continues to be a low-productivity, material-intensive country. By optimizing resource usage, Ghana can alleviate strains on their environment, contributing to greater harmony within ecosystems. Moreover, as resource efficiency leads to economic growth and stability, it fosters the foundation for peaceful coexistence by addressing socio-economic disparities. The pursuit of sustainable practices, driven by technological innovation and resource optimization, thus paves the way for a more peaceful and prosperous future for nations and the global community as a whole.