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

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 retu...

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Bibliographic Details
Main Authors: Baptist, S, Teal, F
Format: Working paper
Language:English
Published: 2008
Subjects: