Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/219296
Authors: 
Obukohwo, Efayena Oba
Olele, Enoh H.
Buzugbe, Patricia N.
Year of Publication: 
2018
Citation: 
[Journal:] CBN Journal of Applied Statistics [ISSN:] 2476-8472 [Volume:] 09 [Year:] 2018 [Issue:] 2 [Pages:] 131-148
Abstract: 
The study analyses, empirically, the efficiency of the Pharmaceutical sector in Nigeria. Employing a balanced panel of 20 pharmaceutical firms between 2012 and 2016, the paper uses a non-parametric technique (Data Envelopment Analysis) to analyze the firms' efficiency under the constant returns to scale (CRS) and variable returns to scale (VRS) assumptions. The results obtained shows inefficiency in the pharmaceutical sector as it operates under a decreasing return to scale. This calls for an appropriate policy mix to stimulate the efficiency of the pharmaceutical sector in Nigeria by enhancing research and development (R&D) as ell as regulations within the sector.
Subjects: 
Data Envelopment Analysis
Efficiency
Firm
Performance
Pharmaceuticals
JEL: 
D1
L1
Persistent Identifier of the first edition: 
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.