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Impact of Infrastructure on Productivity of Small and Medium Enterprises in Nigeria

The study investigates the link between infrastructure and productivity of small and medium enterprises (SMEs) in Nigeria Following the Engle and Granger two-step approach to cointegration and employing quarterly time series for the Nigerian economy over the period 1980 to 2017. We found long-run equilibrium relationship between infrastructure and small and medium enterprises output in Nigeria over the period investigated. Particularly, electricity infrastructure impacted most negatively and significantly on SMEs output with a unit change in electricity output causing SMEs output to drop by ab…

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