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Les facteurs structurels de la compétitivité manufacturière. Une analyse en données de panel pour le Sénégal

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  • Aristomène Varoudakis
  • Thierry Latreille

Abstract

[eng] This paper studies the role of public capital, of trade protection, and of the availability of skilled labour as explanatory factors of total factor productivity in the manufacturing industry of Senegal. Special emphasis is given to external econo­mies as a factor of productivity improvement, as well as to the potential role of public investment in infrastructure in encouraging the emergence of such externa­lities. The weakness of public investment in infrastructure and the high level of trade protection account for a large part of the declining trend in total factor pro­ductivity. Falling productivity appears in turn to have contributed to the overvalua­tion of the real exchange rate of Senegal before 1994. [fre] On examine le rôle de l'investissement public, de la protection commerciale et de la qualification de la main-d'œuvre comme facteurs explicatifs de la producti­vité globale des facteurs dans l'industrie sénégalaise. Une attention particulière est portée sur les économies externes comme source de gains de productivité et sur le rôle de l'investissement public comme facteur pouvant favoriser leur émergence. La dégradation de la productivité semble avoir contribué à la surévaluation du taux de change réel du Sénégal avant 1994.

Suggested Citation

  • Aristomène Varoudakis & Thierry Latreille, 1997. "Les facteurs structurels de la compétitivité manufacturière. Une analyse en données de panel pour le Sénégal," Revue Économique, Programme National Persée, vol. 48(3), pages 471-480.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1997_num_48_3_409888
    DOI: 10.3406/reco.1997.409888
    Note: DOI:10.3406/reco.1997.409888
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    References listed on IDEAS

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    1. Yih‐Chyi Chuang, 1996. "Identifying the sources of growth in Taiwan's manufacturing industry," Journal of Development Studies, Taylor & Francis Journals, vol. 32(3), pages 445-463.
    2. Holtz-Eakin, Douglas, 1994. "Public-Sector Capital and the Productivity Puzzle," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 12-21, February.
    3. Ricardo J. Caballero & Richard K. Lyons, 1989. "The Role of External Economies in U.S. Manufacturing," NBER Working Papers 3033, National Bureau of Economic Research, Inc.
    4. Nadiri, M Ishaq & Mamuneas, Theofanis P, 1994. "The Effects of Public Infrastructure and R&D Capital on the Cost Structure and Performance of U.S. Manufacturing Industries," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 22-37, February.
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    Cited by:

    1. Ngongang, Elie, 2011. "Impact of Exchange Rate Policy on the Trade of Industrial Products in Sub-Saharan Africa from 1975 to 2007," Review of Applied Economics, Lincoln University, Department of Financial and Business Systems, vol. 7(1-2), pages 1-27, March.
    2. Marie-Ange VEGANZONES-VAROUDAKIS, 2000. "Infrastructures, investissement et croissance : un bilan de dix années de recherches," Working Papers 200007, CERDI.

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