The Ghanaian manufacturing sector 1991-1995: firm growth, productivity and convergence
The removal of high levels of protection combined with substantial real devaluations has changed the environment in which Ghanaian manufacturing firms have operated in the 1990s. The changes in output, composition and productivity, which have occurred over this period, are examined in this paper. Survey evidence for the growth of the sector is shown to be consistent with data from sales tax returns. Analysis of the panel survey shows that, in a comparative context, the rate of job creation in Ghana’s manufacturing sector is high. This rate is highest in medium sized firms; small firms have not grown more rapidly than larger firms. There has been no underlying growth in technical efficiency and output growth has been matched by a commensurate growth in labour and capital inputs. Labour productivity differs substantially by firm size due primarily to differences in physical, not human, capital endowments.
|Date of creation:||1998|
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- Taye Mengistae, 1996. "Age-size effects in productive efficiency: a second test of the passive learning model," CSAE Working Paper Series 1996-02, Centre for the Study of African Economies, University of Oxford.
- Steven J. Davis & John C. Haltiwanger & Scott Schuh, 1998. "Job Creation and Destruction," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262540932, June.
- Abigail Barr, 1998. "Enterprise performance and the functional diversity of social capital," Economics Series Working Papers WPS/1998-01, University of Oxford, Department of Economics.
- Francis Teal, 1997.
"Real wages and the demand for skilled and unskilled male labour in Ghana's manufacturing sector: 1991-1995,"
CSAE Working Paper Series
1997-10, Centre for the Study of African Economies, University of Oxford.
- Teal, Francis, 2000. "Real wages and the demand for skilled and unskilled male labour in Ghana's manufacturing sector: 1991-1995," Journal of Development Economics, Elsevier, vol. 61(2), pages 447-461, April.
- Abigail Barr, 1998. "Enterprise performance and the functional diversity of social capital," CSAE Working Paper Series 1998-01, Centre for the Study of African Economies, University of Oxford.
- Taye Mengistae, 1995. "Age-size effects in productive efficiency: a second test of the passive learning model," Economics Series Working Papers WPS/1996-02, University of Oxford, Department of Economics.
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