The Return to Capital in Ghana

We show that the real return to capital in Ghana's informal sector is high. For farmers, we find annual returns ranging from 205-350% in the new technology of pineapple cultivation, and 30-50% in well-established food crop cultivation. We also examine the relative prices of durable goods of varying durability, and estimate a lower bound to the opportunity cost of capital of 60%.


Issue Date:
2006
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/28417
Total Pages:
13
Series Statement:
Economic Growth Center Discussion Paper No. 932




 Record created 2017-04-01, last modified 2017-08-24

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