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Productivity and Efficiency of some Privatized Public Enterprises in Nigeria

Author

Listed:
  • Amakom Uzochukwu

    (African Institute for Applied Economics)

Abstract

In Nigeria gone are the days when public enterprises were the beacons of the economy due to the perennial low productivity, which is now a tag on them with its resultant ramshackle efficiency. In order to boost the economy a new wind is blowing amongst the developing countries of the world and the wind in question is privatization. Nigeria has indulged in this exercise for the past thirteen years and it is proper to take stock of the effect. Utilizing information and data collected on three of such enterprises involved in the first phase, a deep insight of the performance after privatization exercise were taken employing the services of some performance indicators such as profitability, operating efficiency, capital investment, leverage, employment and dividend payout. Data Envelopment Analysis was employed in determining whether productivity have improved after privatization exercise. The study revealed a significant improvement in productivity while efficiency is still at the back door. From the study also, other indicators were showing mixed effect depending on the firm in question.

Suggested Citation

  • Amakom Uzochukwu, 2005. "Productivity and Efficiency of some Privatized Public Enterprises in Nigeria," Public Economics 0508018, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwppe:0508018
    Note: Type of Document - doc; pages: 22
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/pe/papers/0508/0508018.doc
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    More about this item

    Keywords

    Privatization; Productivity; Efficiency and Data Envelopment Analysis;

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • H - Public Economics

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