Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/26973
Authors: 
Udry, Christopher
Anagol, Santosh
Year of Publication: 
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

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