Influences of the business environment on manufacturing firms technical efficiencies: the Côte d’Ivoire case
نویسنده
چکیده
In this paper we estimate a stochastic production frontier in a panel of manufacturing firms in Côte d’Ivoire. Our main interest is on the impact of the business environment on technical efficiency levels. Moreover the chosen modeling allows us to derive managerial efficiencies, and then define most efficient firms independently of business environment influences. A non-neutral modeling of the business environment variables is also used. We found that informal firms are less technically efficient but that their managerial performances are close to those of formal firms. A positive relation between size and efficiency is also found.
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