IMPACT OF LOGISTICS INFRASTRUCTURE ON MANUFACTURING SECTOR PERFORMANCE IN AFRICA: Lessons for Nigeria
- Hammed Adesola Adebowale
- ( paper pages. 1 - 19 )
Abstract
In spite of its role in achieving sustainable growth, the manufacturing sectorcontinues to perform abysmally in African countries, including Nigeria. Thissituation has resulted in a continued search for policy initiatives to address theproblem of ‘manufacturing deficit’ in the region. This study assessed the impact oflogistics infrastructure, which has received very little attention in literature, onmanufacturing sector performance in Africa. An unbalanced panel data for 32African countries between 2007 and 2016 were analysed using system GMMestimation technique. The result showed that logistics infrastructure has positiveand significant impact on manufacturing sector performance. An increase inlogistics performance index (LPI) by 1 point or 20% would result in an increase inthe performance of manufacturing sector by a range of 3.61- 7.48%, depending onthe component of logistics infrastructure used. Thus, logistics infrastructureimprovement should constitute one of the industrialization strategies of Africancountries.
Citation
Hammed Adesola Adebowale.
2018.
"IMPACT OF LOGISTICS INFRASTRUCTURE ON MANUFACTURING SECTOR PERFORMANCE IN AFRICA: Lessons for Nigeria"
The Nigerian Journal of Economic and Social Studies,
60 (3): 1 - 19.
JEL Classification
L90; O14
