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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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
格式: Working paper
语言:English
出版: CSAE (University of Oxford) 1998