Determinants of Capacity Utilization in Nigeria's Manufacturing Sector

Doctoral Thesis / Dissertation from the year 2022 in the subject Economics - Industrial Economics, grade: 4.5, , language: English, abstract: The study investigated the effect of the determinants of capacity utilization in Nigeria’s manufacturing sector. The objectives of the study was to determine effect of electricity power consumption, lending interest rate, total labour force, bank credit to manufacturing industries and gross capital formation on average manufacturing capacity utilization rate in Nigeria. The study utilized annual time series data obtained from World Development Indicators (WDI) for the period 1981-2019 with the help of the Auto Regressive Distributive Lag (ARDL) model of estimation.