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Why do South Korean firms produce so much more output per worker than Ghanaian ones?

Abstract:

The labour productivity differentials between manufacturing firms in Ghana and South Korea exceed those implied by macro analysis. Median value-added per employee is nearly 40 times higher in South Korea than Ghana. The most important single factor in explaining this difference is the Mincerian return to skills which differ by a factor of three between Ghana and South Korea. There is no significant difference in total factor productivity across the countries once we allow for human capital. O...

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Publication status:
Published
Peer review status:
Not peer reviewed
Version:
Author's Original

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Institution:
University of Oxford
Oxford college:
New College
Department:
Social Sciences Division - Economics - Centre for the study of African Economies
Role:
Author
More by this author
Institution:
University of Oxford
Research group:
Labour and Applied Microeconometrics, Development Economics
Oxford college:
St John's College
Department:
Social Sciences Division - Economics - Centre for the study of African Economies
Role:
Author
Series:
CSAE working paper series
Publication date:
2008-01-01
URN:
uuid:1701268f-72e0-48c8-bdc1-24e1fef4654e
Local pid:
ora:2570

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