Dr Kwaku Ohene-Asare

Kwaku is a lecturer in business analytics, management science, artificial intelligence, data analytics, cloud computing and economics. He was a Visiting Prof. at Warwick University, UK, and Stellenbosch University, South Africa. He earned his Ph.D. in operational research and management science from Warwick University, UK, his MSc. in Economics and Finance (with distinction) from Loughborough University, UK, and his undergraduate degree in Economics (with first-class honors) from The University of Ghana-Legon. Additionally, he is a Decision Science and Machine Learning scholar from MIT, USA and a past DFID (UK) award scholar. He played key roles in the Economics Department and Warwick Business School at the University of Warwick, and served as an Economics lecturer at Lancaster University Ghana and GIMPA Business School and plays senior lecturer roles at the University of Ghana.

Kwaku’s research focuses on performance management, economic efficiency and productivity analysis, mathematical programming, data envelopment analysis (DEA), stochastic frontier econometrics, business analytics, management science techniques, data science, AI, machine learning, and their applications. He has published and reviewed papers in Energy Economics, International Journal of Banking, Accounting and Finance, OMEGA, Journal of African Business, The Geneva Papers on Risk and Insurance - Issues and Practice, Journal of International Business, International Journal of Energy Sector Management, European Journal of Operational Research, Journal of Productivity Analysis, Journal of the Operational Research Society, Journal of Cleaner Production, Economics and Business Letters, African Journal of Business Management, and International Journal of Managerial Finance.

In the University of Ghana, he has developed a research-based course on DEA that integrates research directly into teaching. Additionally, since 2015, he played a pioneering role in creating and teaching the advanced quantitative research methods course for Ph.D. students. Kwaku's business projects have allowed him to collaborate and exchange ideas with some of the most accomplished doctors and business people in the USA, Canada, Australia, UK, South Africa, Ireland, Maldives, Dubai, Ghana, Kenya, and Nigeria. He is an enterpreneur who has trained over 12,000 business partners in the Glutathione company. Kwaku advocates for entrepreneurship and youth self-employment. He has received numerous awards for his exceptional work and leadership abilities. In 2021, he was awarded the Global Leadership Award. He is one of the key leaders of the GotBackUp organization in the USA and one of the 15-member board of directors. Kwaku is also a consultant, life mentor, unique value trainer and a learner. His hobbies include soccer, movies, research, public speaking and online teaching. 

• The Centre for Enterprise and Innovation (CEI)
• The Institute for Sustainable Economics
• Institute of Energy and Sustainable Development (IESD)

• Ohene-Asare, K. & Baah, D. (2023). Decomposing Cost Productivity, Managerial Efficiency and Technological Innovation of Energy Consuming States, Research Policy, RESPOL-D-23-01121, (under review)
• Ohene-Asare, K. & Addo, D.A.A, Andoh, (2023), Multi-Directional Efficiency Analysis of Ghanaian insurers in the presence of undesirable output, The North-American Journal of Economics and Finance. NAJEF-D-23-00673, (under review)
• Amoah, B., Ohene-Asare, K., Bokpin, G.A., & Aboagye, A.Q.Q. (2021). Drivers of income diversification in credit unions: Do size, resource, liquidity, and environment matter? Managerial and Decision Economics, DOI:

• Ohene-Asare, K., Tetteh, E.N. & Asuah, E.L. (2020). Total factor energy efficiency and economic development in Africa. Energy Efficiency 13, 1177–1194 (2020).
• Asuah, E.L. and Ohene-Asare, K. (2020), "Ownership and dynamic efficiency of petroleum firms: a new perspective", International Journal of Energy Sector Management, Vol. 14 No. 2, pp. 419-438.
• Ohene-Asare, K., Asare, J.K.A. & Turkson, C. (2019). Dynamic cost productivity and economies of scale of Ghanaian insurers, The Geneva Papers on Risk and Insurance - Issues and Practice Paper, Vol. 44, Issue 1, pp 148–177
• Amoah, B., Ohene-Asare, K., Bokpin, G.A., & Aboagye, A.Q.Q. (2018). Technical efficiency: the pathway to credit union cost efficiency in Ghana. Managerial Finance, Vol. 44 Issue: 11, pp.1292-1310,
• Ohene-Asare, K., & Turkson, C (2018) Total-Factor Energy Efficiency and Productivity of ECOWAS States: A Slacks-Based Measure with Undesirable Outputs. Journal of African Business, 20:1, 91-111,
• Amoah, B., Ohene-Asare, K., Bokpin, G.A., & Aboagye, A.Q.Q. (2018). Firm Specific, Financial Development And Macroeconomic Determinants Of Credit Union Lending. Journal of International Development, Vol. 2 Issue: 7, pp.1203-1222,
• Ohene-Asare, K., Gakpey, V.S. & Turkson, C, (2018). Inter-group performance of oil producing countries: a meta and global frontier analysis. International Journal of Energy Sector Management, Vol. 12 Issue: 3, pp.426-448,
• Abakah, E. J. A., Alagidede, P., Mensah, L., & Ohene-Asare, K. (2018). Non-linear approach to Random Walk Test in selected African countries. International, Journal of Managerial Finance, Vol. 14 Issue: 3, pp.362-376,
• Ohene-Asare, K., Turkson, C., & Afful-Dadzie, A. (2017). Multinational Operation, Ownership and Efficiency differences in the International Oil and Gas Industry, Energy Economics, 68, 303–312.
• Alhassan, A.L. and Ohene-Asare, K. (2016), "Competition and bank efficiency in emerging markets: empirical evidence from Ghana", African Journal of Economic and Management Studies, Vol. 7 No. 2, pp. 268-288.
• Ohene-Asare, K. & Asmild M. (2012). Banking efficiency analysis under corporate social responsibilities. International Journal of Banking, Accounting and Finance, 4(2), 146–171,

• Economic efficiency & productivity analysis
• Data Envelopment Analysis
• Stochastic frontier econometrics
• Business analytics
• Industrial and production economics
• Management science techniques
• Data science, machine learning, predictive analytics
• Benchmarking

• Business Analytics and Managing Data
• Global Operations & Supply Chain Management
• Business Research and Analysis

• PhD Operational Research and Management Science (The University of Warwick, UK, 2012)
• MA Decision Science and Machine Learning: Making Data Driven Decisions (MIT, USA)
• MSc Economics and Finance (Loughborough University, UK, Distinction)
• BSc Economics (University of Ghana-Legon, First class)
• PGCAP (1st Part, Warwick University, UK), 2009
• Cert. in “Introduction to nonparametric & bootstrap methods in econometrics, statistics & management engineering”, Sapienza Universita di Roma, The University of Rome, Italy, 2012

• Efficiency and Productivity Analysis
• Mathematical Programming
• Management Science
• Operations Research Techniques
• Data Envelopment Analysis
• Advanced Quantitative Methods
• Applied Statistics
• Programming in Python/R for Business Analytics
• Cross-sectional & panel data econometrics
• Data Science Analytics
• Decision Science
• Research methods
• Python Programming in artificial intelligence
• Micro/Macroeconomic theory, Econometrics
• Mathematical & Statistical Economics
• Managerial and Business Economics
• Industrial and Labour Economics

• 2022 Data science and machine learning UGBS Research Grant US$ 3000 Principal Investigator
• 2007 Doctoral Research Scholarship grant Warwick Business School, UK Full Fees and stipends Principal Investigator
• 2004 DFID Shared Scholarship Scheme Award for M.Sc. in Loughborough University Loughborough University, UK DFID,
• Full fees and stipends Principal Researcher

• Operational Research Society, UK
• INFORMS, UK
• Association of European Operational Research Societies, Switzerland
• British Academy of Management
• Productivity Analysis Research Network (PARN), USA
• Economic Society of Ghana

• PGCAP (1st Part, Warwick University, UK), 2009
• Cert. in “Introduction to nonparametric & bootstrap methods in econometrics, statistics & management engineering”, Sapienza Universita di Roma, The University of Rome, Italy, 2012
• Specialist Training & Databases:
  • Data Envelopment Analysis, Mathematical Programming, Stochastic Frontier Econometrics, Datastream, Bankscope
• Computing skills:
  • Python, R, Matlab, Colab, EMS, DEAFrontier, MaxDEA, SAS, STATA, Limdep, LaTex/LyX, SIMUL8, SPSS, Excel Solver.

• Amoah, B., Ohene-Asare, K., Bokpin, G.A., & Aboagye, A.Q.Q. (2021). Drivers of income diversification in credit unions: Do size, resource, liquidity, and environment matter? Managerial and Decision Economics, DOI:
• Ohene-Asare, K., Tetteh, E.N. & Asuah, E.L. (2020). Total factor energy efficiency and economic development in Africa. Energy Efficiency 13, 1177–1194 (2020).
• Asuah, E.L. and Ohene-Asare, K. (2020), "Ownership and dynamic efficiency of petroleum firms: a new perspective", International Journal of Energy Sector Management, Vol. 14 No. 2, pp. 419-438.
• Ohene-Asare, K., Asare, J.K.A. & Turkson, C. (2019). Dynamic cost productivity and economies of scale of Ghanaian insurers, The Geneva Papers on Risk and Insurance - Issues and Practice Paper, Vol. 44, Issue 1, pp 148–177
• Amoah, B., Ohene-Asare, K., Bokpin, G.A., & Aboagye, A.Q.Q. (2018). Technical efficiency: the pathway to credit union cost efficiency in Ghana. Managerial Finance, Vol. 44 Issue: 11, pp.1292-1310,
• Ohene-Asare, K., & Turkson, C (2018) Total-Factor Energy Efficiency and Productivity of ECOWAS States: A Slacks-Based Measure with Undesirable Outputs. Journal of African Business, 20:1, 91-111,
• Amoah, B., Ohene-Asare, K., Bokpin, G.A., & Aboagye, A.Q.Q. (2018). Firm Specific, Financial Development And Macroeconomic Determinants Of Credit Union Lending. Journal of International Development, Vol. 2 Issue: 7, pp.1203-1222,
• Ohene-Asare, K., Gakpey, V.S. & Turkson, C, (2018). Inter-group performance of oil producing countries: a meta and global frontier analysis. International Journal of Energy Sector Management, Vol. 12 Issue: 3, pp.426-448,
• Abakah, E. J. A., Alagidede, P., Mensah, L., & Ohene-Asare, K. (2018). Non-linear approach to Random Walk Test in selected African countries. International, Journal of Managerial Finance, Vol. 14 Issue: 3, pp.362-376,
• Ohene-Asare, K., Turkson, C., & Afful-Dadzie, A. (2017). Multinational Operation, Ownership and Efficiency differences in the International Oil and Gas Industry, Energy Economics, 68, 303–312.
• Alhassan, A.L. and Ohene-Asare, K. (2016), "Competition and bank efficiency in emerging markets: empirical evidence from Ghana", African Journal of Economic and Management Studies, Vol. 7 No. 2, pp. 268-288.
• Ohene-Asare, K. & Asmild M. (2012). Banking efficiency analysis under corporate social responsibilities. International Journal of Banking, Accounting and Finance, 4(2), 146–171,
• Ohene-Asare, K. & Baah, D. (2023). Decomposing Cost Productivity, Managerial Efficiency and Technological Innovation of Energy Consuming States, Research Policy, RESPOL-D-23-01121, (under review)
• Ohene-Asare, K. & Addo, D.A.A, Andoh, (2023), Multi-Directional Efficiency Analysis of Ghanaian insurers in the presence of undesirable output, The North-American Journal of Economics and Finance. NAJEF-D-23-00673, (under review)

• Ohene-Asare, K. & Addison, E. A. (2023), “A Global Multi-directional Malmquist Index for addressing infeasibility in variable-specific productivity”, International Conference ion Data Envelopment Analysis, 4-6 September, 2023, University of Surrey, UK.
• Ohene-Asare, K. & Baah, D. (2022), “A New Eight-Factor Cost Malmquist Productivity Index: Application To Energy Performance Of African States” ”, The AFJ Conference, 24th May, 2022, Virtual African Finance Association Conference, Africa Growth Institute, University of Cape Town.
• Ohene-Asare, K. (2022), “The Undesirable Output Slacks-Based Measure of Biennial Malmquist Productivity Index”, The AFJ Conference, 24th May 2022, Virtual African Finance Association Conference, Africa Growth Institute, University of Cape Town.
• Ohene-Asare, K. (2021), “Estimating the dynamic productivity of banking groups in Ghana – SBM metafrontier biennial Malmquist index approach”, Applied Research in Accounting, Finance, Insurance and Economics on Africa, Virtual African Finance Association Conference11-12 May 2021, University of Cape Town.
• Turkson, C. and Ohene-Asare, K. (2015), “Measuring Total-factor energy efficiency and productivity change of ECOWAS states using non-parametric frontier techniques”, 3rd UGBS Conference of Business and Development, 5-7th August 2015, 2014, University of Ghana Legon.
• Turkson, C., Ohene-Asare, K. and Afful-Dadzie, A. (2015), “Multinational Operation, Ownership and Efficiency differences in the International Oil and Gas Industry”, 3rd UGBS Conference of Business and Development, 5-7th August 2015, University of Ghana Legon.
• Asmild, M. and Ohene-Asare, K. (2014), “Considering favourability indexes as part of the Malmquist index, 2nd UGBS Conference of Business and Development, 29th – 31st, July, 2014, University of Ghana Legon.
• Ohene-Asare, K. & Asmild, M. (2010), “Banking efficiency under CSR and global frontier differences between banking subgroups”, 6th North American Productivity Workshop (NAPW2010), Rice University, Houston, Texas, USA, June 2 - 5, 2010
• Ohene-Asare, K. & Asmild, M.. (2010), “Efficiencies of banks under corporate social responsibilities and global frontier differences between subgroups” Spring Doctoral Conference, Judge Business School, Cambridge, UK, April 14-15, 2010
• Ohene-Asare, K. (2010), “Banking efficiency under Corporate Social Responsibility”, Development Economics Seminar Series 2009/10, Nottingham University, UK, March 17, 2010
• Ohene-Asare, K. (2009), “Banking efficiency under corporate social responsibilities”, UKEPAN International Conference on “Global trends in the Efficiency and Risk Management of Financial Services and the Financial Crisis”, EPRU, Leicester, UK. November 14-15, 2009
• Ohene-Asare, K. & Asmild, M. (2009), “Efficiency Analysis of Banks under CSR- The Case for Ghana” X1 European Workshop on Efficiency and Productivity Analysis, Pisa, Italy, June 23-26, 2009.
• Ohene-Asare, K. (2009), “Efficiency Analysis of Banks under Corporate Social Responsibility- The Case for Ghana” Young OR conference, Warwick University, Coventry UK, March 24-26, 2009
• Ohene-Asare, K. (2009), “Efficiency Analysis of Banks under Corporate Social Responsibility”, Spring Doctoral Conference, Said Business School, Oxford, UK, April 15-16, 2009

• Efficiency and productivity Analysis for National Petroleum Authority, Ghana, 2023
• Africa's Entry Feasibility for Vestige Marketing Pvt. Ltd, India, 2018

• 2022 Data science and machine learning UGBS Research Grant US$ 3000 Principal Investigator
• 2021 A New Eight-Factor Cost Malmquist Productivity Index: An Application To The Energy Performance Of African States UGBS Research Grant US$ 3000 Principal Investigator
• 2020 Estimating The Dynamic Productivity Change Of Banking Groups In Ghana - SBS Biennial Metafrontier Malmquist Index Approach UGBS Research Grant US$ 3000 Principal Investigator
• 2022 Data science and machine learning UGBS Research Grant US$ 3000 Principal Investigator
• 2016 Multinational Operation, Ownership and Efficiency differences in the International Oil and Gas Industry UGBS Research Grant US$ 3000 Principal Investigator
• 2015 Considering favourability indexes as part of the Malmquist index UGBS Research Grant US$ 3000 Principal Investigator
• 2007 Doctoral Research Scholarship grant Warwick Business School, UK Fees and stipends Principal Investigator
• 2004 DFID Shared Scholarship Scheme Award for M.Sc. in Loughborough University Loughborough University, UK DFID,
• Full fees and stipends Principal Researcher

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