Rates of Return on Human and Non-Human Capital in Africa's Manufacturing Sector.

In this paper two sets of issues are addressed using panel data from the manufacturing sector of five African countries. First, how high are the returns to human relative to physical capital. Second, what is the relative importance of technology and endowments of human and physical capital in determ...

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Bibliographic Details
Main Authors: Bigsten, A, Collier, P, Dercon, S, Fafchamps, M, Gauthier, B, Gunning, J, Isaksson, A, Oduro, A, Oostendorp, R, Pattillo, C, Söderbom, M, Teal, F, Zeufack, A
Format: Working paper
Language:English
Published: CSAE (University of Oxford) 1998