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http://hdl.handle.net/10419/26973
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| Title: | | The return to capital in Ghana  |
| Authors: | | Udry, Christopher Anagol, Santosh |
| Issue Date: | | 2006 |
| Series/Report no.: | | Center discussion paper // Economic Growth Center 932 |
| Abstract: | | 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%. |
| Subjects: | | Capital durable goods credit markets |
| JEL: | | O12 O16 D24 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Center Discussion Papers, Economic Growth Center (EGC), Yale University
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