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http://hdl.handle.net/10419/26973
  
Title:The return to capital in Ghana PDF Logo
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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