Determinants of Pharmaceutical Industry’s Performance in Nigeria

Simple item page
dc.contributor.authorIsola, W.A.
dc.contributor.authorMesagan, E.P.
dc.date.accessioned2022-01-04T17:57:48Z
dc.date.available2022-01-04T17:57:48Z
dc.date.issued2016
dc.descriptionScholarly articlesen_US
dc.description.abstractThis study focused on the relationships among market structure, efficiency and performance of the Nigerian Pharmaceutical industry. It employed market share and operational efficiency to determine the efficiency of the industry, pre-tax return on asset to measure performance, Herfindahl- Hirschman index to measure market structure. In addition, earnings per share was used in the study as control variable. Data were obtained from the Nigerian Stock Market Factbook covering 1996 to 2010. The panel ordinary least squares technique was employed in estimating the data. Thus over the course of the study, both fixed and random effect results clearly showed that efficiency hypothesis does not hold in the case of pharmaceutical industry in Nigeria. Rather, it is shown that it is structure that determines performance. Consequently, the study recommended that necessary structures must be put in place by the Federal Ministry of Health to enhance the capacity of local pharmaceutical firms in producing the desired quality and quantity drugs needed in the country. It was also recommended that efforts should be geared towards eradicating totally the importation of fake drugs in the pharmaceutical industry.en_US
dc.identifier.citationIsola, W.A. & Mesagan, E.P. (2016). Determinants of Pharmaceutical Industry’s Performance in Nigeria. Managing Global Transitions, 14(3), 267-282.en_US
dc.identifier.urihttps://ir.unilag.edu.ng/handle/123456789/9947
dc.language.isoenen_US
dc.publisherManaging Global Transitionsen_US
dc.subjectEfficiencyen_US
dc.subjectStructure-Conduct-Performanceen_US
dc.subjectPharmaceutical Industryen_US
dc.subjectNigeriaen_US
dc.subjectResearch Subject Categories::PHARMACYen_US
dc.titleDeterminants of Pharmaceutical Industry’s Performance in Nigeriaen_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
main article.pdf
Size:
155.53 KB
Format:
Adobe Portable Document Format
Description:
Main Article
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Economics-Scholarly Publications