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Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 9157
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
Macro analysis of the sources of income differences has produced very different results as to the importance of education. In this paper we investigate the roles of education and technology in explaining differences in firm level productivity across Ghana and South Korea. The labour productivity differentials across these firms exceed those implied by macro analysis. Median value-added per employee is over thirty times higher in South Korean than in Ghanaian manufacturing firms. We show that if we allow for a non-linear effect of education on output the whole of the average productivity differences across the countries can be explained. We discuss the policy implications that flow from this finding.
Schlagwörter: 
African and Asian manufacturing
productivity
efficiency
human capital
JEL: 
O14
D24
Dokumentart: 
Working Paper

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