International records / OpenAlex research
Cluster Development in a Transforming Economy: The Case of Motorcycle Spare Parts Firms in Nnewi, Anambra State of Nigeria
This paper examined the impact of cluster development in Nnewi, Anambra State of Nigeria. The estimated parsimonious model revealed that capital and labour were significant determinants of sales made by the firms while the cluster dummy variable was insignificant. This insignificance of the cluster dummy variable implied that, in terms of total sales, there was no significant difference between firms in the cluster and firms outside the cluster. For the profit model, we found that capital, labour and the cluster dummy were significant at 1% level. Capital, labour and cluster dummy have a posit…
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