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...
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ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
Signatur:
DS 90 (932)
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keine Fernleihe
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%. -- Capital ; durable goods ; credit markets
