Les Caisses Rurales Face à l'Union Monétaire: Une étude d'efficacité comparée

The authors analyze the economic efficiency of rural credit unions of large size compared to a group of credit unions. The methodology is based on the analysis of profitability, productivity and efficiency ratios and on the estimation of a Cobb–Douglas cost function. The evolution during the period 1989–1994 as well as the situation at the end of this period are examined. The same methodology is used to study the rural credit unions individually.