Dissertation Information for Kofi Afriyie
- Kofi Afriyie
- University of California, Los Angeles (USA) (1985)
MPACT Status: Incomplete - Inspected
Title: EFFECTS OF RELATIVE FACTOR CHOICE ON INDUSTRIAL PRODUCTIVITY: SELECTED JOINT VENTURES AND HOST MANUFACTURING FIRMS IN GHANA
Abstract: "Developing nations have embarked on indigenization programs to limit direct foreign investment within their respective economies.
This limitation has been accompanied by an increase in the formation of joint ventures between foreign and local entrepreneurs. The preference for joint ventures can be attributed to two major considerations: first, the need to exploit complementary factors uniquely possessed by each venture partner; second, the belief that joint ventures will limit usage of foreign production inputs and enhance local control of production decisions.
The goal of this research is to compare local firms with joint ventures on their respective factor use pattern and to determine how the two groups influence productivity in selected manufacturing industries.
The guiding hypothesis of this study is that we should expect joint ventures to differ from ""pure"" local firms with regard to choice of factor inputs in each industry. Such differences in factor choice should have differential effects on labor productivity between the two ownership groups. This hypothesis is based on the concept of factor complementarity among joint venture partners in contrast with local firms which have no foreign partnership.
Ghana has been selected as a setting for this study. In this context the political and economic environment of foreign investment is discussed.
The primary research methodology employed is a cross-sectional analysis of manufacturing firms. Statistical techniques are used to estimate productivity models. A comparison of levels of factor choice between the two groups supplement the analysis.
The major findings of the study are that, joint ventures tend to employ larger amounts of factor inputs per worker and are generally more productive than local firms. They generate productivity gains in some sectors as hypothesized and losses in others contrary to expectation.
These findings are used to: (1) explain relationships between factor choice and productivity accounting for sectoral and ownership influences, and (2) identify sources of productivity gains and losses.
The findings might provide a basis for formulating private and public investment policies. Ultimately, by examining structural differences among firms studied, we can better understand joint venture and local production behavior in developing economies."
MPACT Scores for Kofi Afriyie
A = 0
C = 1
A+C = 1
T = 0
G = 0
W = 0
TD = 0
TA = 0
calculated 2008-01-31 06:29:17
Advisors and Advisees Graph
Students under Kofi Afriyie
- Chukwuemeka Akaezuwa - Rutgers University (1994)