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La profitabilité des secteurs de l’économie sénégalaise
[Profitability of economic sectors in Senegal]

Author

Listed:
  • Diagne, Youssoupha S
  • Sène, Serigne Moustapha

Abstract

This paper focuses on performance measures based on a panel of 22 sectors of the Senegalese economy. A particular emphasis is made on the profitability which is the indicator looked at by both the government to identify sectors that need help, investors to know which sector is attractive and also banks who need to appreciate the level of risk of a sector. Markov Chains test was conducted to check the persistence of profitability among sectors. The findings revealed the absence of convergence of sectors. Technical inefficiency has been therefore included to explain the profitability discrepancies found between sectors measured by the fixed effects. The profit loss due to inefficiency is also computed for each sector.

Suggested Citation

  • Diagne, Youssoupha S & Sène, Serigne Moustapha, 2009. "La profitabilité des secteurs de l’économie sénégalaise
    [Profitability of economic sectors in Senegal]
    ," MPRA Paper 54921, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:54921
    as

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    File URL: https://mpra.ub.uni-muenchen.de/54921/1/MPRA_paper_54921.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Profitability; Persistence; Markov chains; Technical inefficiency; Panel;

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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