International records / OpenAlex research
Analysis of economic capacity utilization in the Nigerian sugar industry (1970 - 2010)
The study analyzed economic capacity utilization rates in the sugar industry for the period 1970 to 2010 in Nigeria. Secondary data obtained from sugar firms; Central Bank of Nigeria; National Bureau of Statistics and the Federal Ministry of Finance were used in the study. Stochastic Cobb-Douglas cost functions for the sugar industry were estimated from which indices of economic capacity utilization rates were obtained. Trend in the economic capacity utilization rate showed undulated pattern with an average index of 60.30% and excess economic capacity of 39.70%. Multiple-regression of various …
