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The Return to Capital in Ghana

Santosh Anagol and Christopher Udry ()

No 28417, Center Discussion Papers from Yale University, Economic Growth Center

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%.

Keywords: Financial; Economics (search for similar items in EconPapers)
Pages: 13
Date: 2006
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Journal Article: The Return to Capital in Ghana (2006) Downloads
Working Paper: The Return to Capital in Ghana (2006) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:yaleeg:28417

DOI: 10.22004/ag.econ.28417

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