Micro and Small Business Growth Drivers in Nigeria: Evidence from Small Cities Small Federating State

This study involves a comprehensive survey of about 1500 micro and small businesses across three major cities in one of the smallest states in Nigeria (Ebonyi State). Based on the cross-sectional data generated, a linearized Tobit regression and a robust T-Test statistical technique are applied to comparatively examine how internal firm attributes, market attributes, and socioeconomic and macroeconomic conditions affect the growth of micro and small businesses in a typical small state and small cities. The results reveal a key challenge to be the dominance of the business space in small cities by micro and largely informal enterprises.

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Publication Details

Journal
Journal of Asian and African Studies
Published
2024-10-19
DOI
https://doi.org/10.1177/00219096241284391
Primary Topic
Local Economic Development and Planning
Type
article
Field-Weighted Citation Impact
0.00

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article

Micro and Small Business Growth Drivers in Nigeria: Evidence from Small Cities Small Federating State

Chioma Vivian Iteshi, Okechukwu Paul-Chima Ugwu, Abel Ezeoha, Kelechi Anyigor et al.
Journal of Asian and African Studies
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Micro and Small Business Growth Drivers in Nigeria: Evidence from Small Cities Small Federating State

Chioma Vivian Iteshi, Okechukwu Paul-Chima Ugwu, Abel Ezeoha, Kelechi Anyigor, Lius C. Nkwagu, Udu U. Ama, Ebere Okorie
article en

Abstract

This study involves a comprehensive survey of about 1500 micro and small businesses across three major cities in one of the smallest states in Nigeria (Ebonyi State). Based on the cross-sectional data generated, a linearized Tobit regression and a robust T-Test statistical technique are applied to comparatively examine how internal firm attributes, market attributes, and socioeconomic and macroeconomic conditions affect the growth of micro and small businesses in a typical small state and small cities. The results reveal a key challenge to be the dominance of the business space in small cities by micro and largely informal enterprises.

Journal of Asian and African StudiesVol. 60(8)
Northumbria University (GB), Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State University (NG)
Tertiary Education Trust Fund
Sustainable cities and communities
Openalex Percentile: Top 71%
Local Economic Development and Planning
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