De Mel, Suresh (contributor); McKenzie, David J. (contributor) - 2007
controlling for possible spillover effects, we find the average real return to capital to be 5.7 percent per month, substantially … capital stock. After controlling for possible spillover effects, we find the
average real return to capital to be 5.7 percent …
profits of the firms, and estimate a real marginal return on capital for the average firm in
our sample after controlling for …