"Institutional Quality and Export Intensity of Nigerian SMEs: An Institutional-Based View using Logistic Regression Analysis"
Journal Title: Journal of Economics, Finance and Management Studies - Year 2025, Vol 8, Issue 04
Abstract
In many developing nations, weak institutional quality presents significant hurdles for SMEs, hindering their ability to thrive in international markets due to issues like corruption, Bureaucratic red-tapeism, and unpredictable regulations. As a result, there is a widespread acknowledgement that the quality of institutions profoundly shapes the landscape in which SMEs operate, impacting their survival and export capabilities. This study sets out to explore the intricate relationship between institutional quality and export intensity within Nigeria's diverse geopolitical zones. To achieve this, data was collected from all six geopolitical zones in Nigeria and analyzed it using logistic regression techniques. The study reveals a positive relationship between institutional quality and export intensity in Nigeria, but this relationship varies across different geopolitical zones. This study also highlights the crucial role of institutional quality in driving export-led growth and economic development, shedding light on the complexities inherent in navigating diverse institutional environments. By uncovering these dynamics, the study provides valuable insights for policymakers, businesses, and stakeholders seeking to enhance export performance and foster sustainable economic development.
Authors and Affiliations
Tajudeen Olalekan Yusuf , Olufemi Saibu , Adebowale Ayobade , Sulaiman Adebiyi , Lukman Oyelami, Olasunmbo Olusanya , Umar Saleh , Matthew Ogbuagu , Joel Owuru
Keywords
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- EP ID EP762951
- DOI 10.47191/jefms/v8-i4-05
- Views 24
- Downloads 0
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