Analysis and Determinants of the Performance of Ivorian Manufacturing Companies

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© 2021 by IJCTT Journal
Volume-69 Issue-11
Year of Publication : 2021
Authors : Casimir Tano Jean-Stanislas and Doukoure Daouda
DOI :  10.14445/22312803/IJCTT-V69I11P103

How to Cite?

Casimir Tano Jean-Stanislas and Doukoure Daouda, "Analysis and Determinants of the Performance of Ivorian Manufacturing Companies," International Journal of Computer Trends and Technology, vol. 69, no. 11, pp. 11-21, 2021. Crossref, https://doi.org/10.14445/22312803/IJCTT-V69I11P103

Abstract
This study aims to analyze the performance of Ivorian manufacturing companies. To do so, we adopted a two-step approach, the first of which consisted of determining the efficiency scores of individual companies and the second of analyzing the determinants of this efficiency through a Tobit model. Using a stochastic production approach (SFA) of the Translog type, we determined the efficiency of the companies. Given the censored nature of efficiency, we adopted a Tobit model for the analysis of the determinants. The analysis shows that the Ivorian manufacturing sector is globally inefficient. The efficiency rate is unevenly distributed, ranging from 10% to 92%, with an average of between 53% and 54%. Furthermore, the analysis of the determinants shows that investment, exports, the laborcapital ratio, and the size of the company positively influence the efficient use of the different tools available to companies. However, the relationship linking efficiency to firm size is not linear; beyond a threshold, firm size hinders the efficient use of factors.

Keywords
Performance, Determinant, Manufacturing firms, Technical efficiency.

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