Title: Technical efficiency, market share and profitability of manufacturing firms in Cote d'Ivoire: the technology trap
Authors: Sleuwaegen, Leo ×
Goedhuys, M #
Issue Date: Nov-2003
Publisher: Oxford univ press
Series Title: Cambridge journal of economics vol:27 issue:6 pages:851-866
Abstract: This paper investigates the sources of inefficiency of firms in Cote d'Ivoire and examines to what extent these effects translate into poor performance. A large majority of firms is technically inefficient, producing far below the maximum attainable output level. Major cost savings can also be realised through enlarging the scale of activities of firms. Efficiency gains and scale advantages translate into a better competitive position and via their impact on market share into higher profitability. However, severe growth barriers and imperfect markets keep firms from realising these gains and prevent firms from catching up in technology with respect to their larger, older and often foreign-owned competitors.
ISSN: 0309-166X
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Department of Managerial Economics, Strategy and Innovation (MSI), Leuven
× corresponding author
# (joint) last author

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