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EFFICIENCY WAGES AND EMPLOYEE PRODUCTIVITY IN NIGERIA’S SERVICE SECTOR: EVIDENCE FROM SMALL AND MEDIUM-SIZED ENTERPRISES (SMEs)

Investigating the effect of efficiency wages on labour productivity in Nigerian manufacturing firms, the study draws panel data from 1,200 observations across three survey periods: 2016, 2020, and 2024. Utilising a Cobb-Douglas production function within a fixed-effects (FE) estimation framework, the study examines whether firms that pay above-sector average wages exhibit higher productivity. Key explanatory variables include capital intensity, firm size, efficiency wages, and the interaction between efficiency wages and professional management. Descriptive statistics reveal an average Labour …

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Source	OpenAlex research
Collection	International records
Kind	Document
Publisher	Bayero Business Review
Date	2026-06-01
Type	article
Details	openalex authorships.countries:NG,primary topic.subfield.id:3320\|3321\|3308\|1202\|3303\|3312\|2002\|2000\|2003 + local /\bnige
Found at	https://doi.org/10.67894/bbr.2026.4svvpo6d
Archived copy	Look it up in the Wayback Machine
Record ID	`openalex:W7213169502`

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EFFICIENCY WAGES AND EMPLOYEE PRODUCTIVITY IN NIGERIA’S SERVICE SECTOR: EVIDENCE FROM SMALL AND MEDIUM-SIZED ENTERPRISES (SMEs). OpenAlex research, 2026. Vero Archive, record openalex:W7213169502.