The Determinants of Technical Efficiency of Manufacturing Firms in Ghana

被引：15
|
作者：
Faruq, Hasan A. [1 ]
Yi, David T. [1 ]
机构：
[1] Xavier Univ, Cincinnati, OH 45207 USA
来源：
GLOBAL ECONOMY JOURNAL | 2010年 / 10卷 / 03期
关键词：
Ghana; technical efficiency; Data Envelopment Analysis; import-substitution; FDI;
D O I：
10.2202/1524-5861.1646
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
\This paper uses the Data Envelopment Analysis (DEA) technique to estimate the technical efficiency of firms in Ghana across six manufacturing industries during 1991-2002. We observe that manufacturing firms in Ghana are significantly less efficient than their counterparts in other countries. In addition, we find that firm characteristics such as size, age, foreign ownership, and the mix of labor and capital used during the production process have positive effects on firm efficiency. These results have implications for Ghana's import-substitution industrialization and foreign investment policies.
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页数：22
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