Efficiency and Competitiveness of the Equatorial Guinean Financial Sector

The private sector, in order to function properly, needs financing from the national financial and so efficiency competitiveness of said sector arouse interest many researchers, who perform analyses provide authorities decision makers with relevant information for decision-making process design their policies. This study contributes this line research, analyzing both technical economic (allocative cost efficiency) focusing on banks, using a sample Equatorial Guinean firms during period 2013–2019. Furthermore, is also analyzed. Knowing how efficient competitive could answer questions that arise when regulating business sector. To carry out analysis, parametric approaches such as stochastic frontiers non-parametric techniques data envelopment analysis are used, well different indicators (Boone, Panzar–Rosse). During it found banking which represents country, operates low levels efficiency: Cobb–Douglas production trans-logarithmic showed similar average results. Regarding competitiveness, under monopolistic competition. Therefore, much remains be achieved improve development Guinea. It responsibility agents good climate country guarantee perfect competition market promote development.