Human Capital and Efficiency: The Role of Education and Experience in Micro-Enterprises of Ghana¡¯s Wood-Products Industry
Increasing efficiency and creating new employment via micro-enterprises emerges as a viable solution to four problems in developing countries - unemployment, migration from rural to urban areas, inefficient use of resources and lack of international trade capabilities. 242 micro- enterprises from Ghana¡¯s wood-product industry are used in the analysis. Schooling and on- the-job training explain efficiency dispersions among micro-enterprises. Accordingly, a proper training program can complement human capital creation by schooling and on-the-job-training to improve efficiency. Such program can also increase the awareness about international markets to create new employment opportunities.
Volume (Year): 26 (2001)
Issue (Month): 1 (June)
|Contact details of provider:|| Web page: http://www.jed.or.kr/|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- RAUF A AzHAR, 1988. "Education and Technical Efficie," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 27(4), pages 687-697.
- Aigner, Dennis & Lovell, C. A. Knox & Schmidt, Peter, 1977. "Formulation and estimation of stochastic frontier production function models," Journal of Econometrics, Elsevier, vol. 6(1), pages 21-37, July.
- Meeusen, Wim & van den Broeck, Julien, 1977. "Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 18(2), pages 435-44, June.
- Dani Rodrik, 1992. "The Limits of Trade Policy Reform in Developing Countries," Journal of Economic Perspectives, American Economic Association, vol. 6(1), pages 87-105, Winter.
- Page, John M, Jr, 1980. "Technical Efficiency and Economic Performance: Some Evidence from Ghana," Oxford Economic Papers, Oxford University Press, vol. 32(2), pages 319-39, July.
- Fane, George, 1975. "Education and the Managerial Efficiency of Farmers," The Review of Economics and Statistics, MIT Press, vol. 57(4), pages 452-61, November.
When requesting a correction, please mention this item's handle: RePEc:jed:journl:v:26:y:2001:i:1:p:103-113. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Changhui Kang)
If references are entirely missing, you can add them using this form.