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Three dimensions of the performance of firms in Ghana’s manufacturing sector are investigated in this paper: their technology and the importance of technical and allocative efficiency. We show that the diversity of factor choices is not due to a non-homothetic technology....
Persistent link: https://www.econbiz.de/10011152503
Three dimensions of the performance of firms in Ghana’s manufacturing sector are investigated in this paper: their technology and the importance of technical and allocative efficiency. We show that the diversity of factor choices in not due to a non-homothetic technology. Observable...
Persistent link: https://www.econbiz.de/10011152506
Despite the widely recognised importance of the manufacturing industry for successful development few studies investigate this sector in cross-country analysis. We fill this gap in the literature by analysing manufacturing production across a large number of developing and developed economies....
Persistent link: https://www.econbiz.de/10008752114
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...
Persistent link: https://www.econbiz.de/10011004209
In this paper we ask how technological differences in manufacturing across countries can best be modeled when using a standard production function approach.  We show that it is important to allow for differences in technology as measured by differences in parameters.  Of similar importance are...
Persistent link: https://www.econbiz.de/10011004437