Characteristics and Employment Generation of Small-Scale Industries in Western Nigeria
Janet Farooq,
Ghazi Farooq and
Aoeranti Aoepoju
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Janet Farooq: University of Ife, Nigeria
Ghazi Farooq: University of Ife, Nigeria
Aoeranti Aoepoju: University of Ife, Nigeria
The Pakistan Development Review, 1976, vol. 15, issue 4, 382-405
Abstract:
With meagre capital investment but with, supposedly, higher labour productivity than in agriculture, small-scale industries can be an important source of employment as well as a healthy contributor to industrial production in a developing country like Nigeria. A study of the Pakistan-Indian situation has shown that normally the highest employment per unit of capital is found in very small firms (of 20 or less workers). Such firms sometimes have the distinct short-term advantage of both lower capital-labour and capital-output ratios than larger establishments [20]. In fact, if the small-scale industrial sector is encouraged within a favourable economic environment, it can play an important role in economic development at least in the transitional state ..
Date: 1976
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Persistent link: https://EconPapers.repec.org/RePEc:pid:journl:v:15:y:1976:i:4:p:382-405
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