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Economic Efficiency Analysis in C te d’Ivoire

DOI: 10.5923/j.economics.20120201.05

Keywords: Economic Efficiency, Technical Efficiency, Allocative Efficiency, Productivity

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Abstract:

This study investigates the determinant factors of efficiency or inefficiency in Cote d’Ivoire. A stochastic analysis of production resulted in technical and allocative efficiency in economic efficiency levels. The findings of an investigation about 5,000 firms observed from 2000 to 2010 reveal that the Ivorian economy is not economically efficient as a consequence of the ensuing: socio-political instabilities; outside debt burden; unemployment rate; and weakness in savings on organizational productivity. Therefore, this study recommends a permanent mechanism of supervision for economic efficiency indicators; promotion of a factual and evocative employment policy for the youth; and the enforcement of granting financial aid to enterprises to assist them in having high added value to improve organizational productivity.

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