Impact of Cellular Phones on Technical and Allocative Efficiences of Commercial Taxi and Fishing Boat Firms in Ghana
Impact of Cellular Phones on Technical and Allocative Efficiences of Commercial Taxi and Fishing Boat Firms in Ghana
This paper shows that the ICT investment in cellular phones by the commercial taxi and fishing-boat firms do not have any effect on their productivity, whereas it does have some effect on their total cost-wage ratio. The study shows that there is plenty of scope to raise the technical efficiency and to reduce the allocative efficiency of commercial taxi and fishing boat firms. The study also establishes that fishing industry is less efficient than the transport industry. The technical and allocative efficiencies of commercial taxi firms can be changed by encouraging younger people to start the commercial taxi business, whereas the technical efficiency of the fishing-boat firms could be increased by encouraging educated people to start the fishing business.
CITATION: Bhasin, Vijay K.. Impact of Cellular Phones on Technical and Allocative Efficiences of Commercial Taxi and Fishing Boat Firms in Ghana . : Adonis & Abbey , 2011. African Journal of Science, Technology, Innovation and Development, Vo.3, No.3, 2011, pp.155-178 - Available at: https://library.au.int/frimpact-cellular-phones-technical-and-allocative-efficiences-commercial-taxi-and-fishing-boat-firms-3