Sources of industrial growth: the impact of policy on large and medium scale manufacturing performance in Ghana

2013 ◽  
Author(s):  
Isaac Acheampong ◽  
Michael Tribe
Keyword(s):  
Industrial Growth ◽  
Medium Scale ◽  
Manufacturing Performance ◽  
The Impact

scholarly journals SMALL AND MEDIUM-SCALE ENTERPRISE FINANCING AND INDUSTRIAL GROWTH IN AFRICA

2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Uju Regina Ezenekwe ◽  
Amaka G. Metu ◽  
Chekwube Vitus Madichie
Keyword(s):  
Interest Rates ◽  
Time Series Data ◽  
Negative Impact ◽  
Series Data ◽  
Easy Access ◽  
Microfinance Institutions ◽  
Access To Finance ◽  
Industrial Growth ◽  
Medium Scale ◽  
The Impact

Small and medium-scale enterprises (SMEs) have been identified as the engine and foundation of rapid industrial growth. Unfortunately, the potentials of the SMEs to accelerate the process of industrialization in Africa have been undermined by numerous constraints, prominent among which is lack of access to finance. The study examined the impact of SMEs financing on industrial growth in Africa using panel time-series data from all the 15 ECOWAS countries from 1986 – 2016. In implementing the panel data regression, the study engaged in panel unit root using the LLC, IPM, Fisher-type ADF and PP tests, and co-integration tests using the Kao residual-based and Johansen- Fisher combined tests. The study also placed adequate control for any unobserved heterogeneity among the ECOWAS countries, using a well-specified fixed effect in exploiting the time dimension present in the dataset. The result shows that SMEs output significantly affects industrial growth positively while the Deposit Money Banks’ credit to SME’s do not have significant impact on industrial performance during the review period. The result further reveals that interest rates have a significant negative impact on industrial growth. Based on these findings, the study recommends that monetary authorities in ECOWAS countries can encourage easy access to finance by making available interest-free loans using microfinance institutions.

The Impact of Regional Differences in Prices and Wages on Economic Growth: The United States in 1890

1979 ◽  
Vol 39 (1) ◽  
pp. 69-85 ◽  
Author(s):  
Philip R. P. Coelho ◽  
James F. Shepherd
Keyword(s):  
United States ◽  
Well Being ◽  
The United States ◽  
City Size ◽  
Cost Of Living ◽  
Real Wages ◽  
Industrial Growth ◽  
Wage Earners ◽  
The Cost ◽  
The Impact

Differences in regional prices and wages are examined for the United States in 1890, together with the relationship between the cost of living and city size, and the determinants of regional industrial growth. Results indicate that regional cost-of-liying differences were sufficiently large so that money wages cannot be used for purposes of comparing the economic well-being of wage earners across regions. Except for the South, money wages and the cost of living were positively correlated. The relative differences in money wages, however, were greater; consequently real wages in high wage-price areas were generally higher.

Differences in the impact of AMO bundles of line managers and frontline workers on the performance of manufacturing firms

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Alberto Bayo-Moriones ◽  
Alejandro Bello-Pindado
Keyword(s):  
Manufacturing Industry ◽  
Manufacturing Firms ◽  
Manufacturing Companies ◽  
Linear Regression Models ◽  
Line Managers ◽  
Content Type ◽  
Frontline Workers ◽  
Hrm Practices ◽  
Manufacturing Performance ◽  
The Impact

PurposeThe purpose of this paper is to analyse the impact on manufacturing performance of human resource management (HRM) practices across two job levels within manufacturing firms in Argentina and Uruguay: that of line managers and frontline workers. HRM practices are categorised into three bundles defined by the AMO theoretical framework: ability, motivation and opportunity.Design/methodology/approachThe article uses data from a survey to 301 manufacturing plants in Uruguay and Argentina. Given the characteristics of the dependent variable, linear regression models have been estimated in order to test the hypotheses.FindingsThe results show that the ability and opportunity bundles for line managers are positively associated with manufacturing performance. However, only the motivation bundle affects manufacturing performance for frontline workers.Research limitations/implicationsThe main limitations are the use of cross-sectional data, the focus on two specific countries and the analysis of two employee categories that are not completely homogenous. The paper extends the contingency perspective in HRM by examining the relevance of job level as a contingent factor in the HRM-performance relationship in the manufacturing industry.Practical implicationsThe results suggest that manufacturing companies should target HR investments more towards line managers than to frontline employees. More specifically, they should concentrate efforts on the ability and opportunity bundles.Originality/valueThe article contributes to the very limited empirical evidence on the impact of HRM differentiation on firm performance by analysing sub-dimensions in a context not previously analysed.

Quantitative Selection of Variation Reduction Plans

1998 ◽  
Author(s):  
Anna C. Thornton
Keyword(s):  
Risk Mitigation ◽  
Cost Effective ◽  
Variation Reduction ◽  
Multiple Quality Characteristics ◽  
Cost Effective Approach ◽  
Manufacturing Performance ◽  
The Impact ◽  
Manufacturing Variation ◽  
Selection Of

Abstract Quality has been a rallying call in the design and manufacturing world for the last two decades. One way to improve quality is to reduce the impact of manufacturing variation. Variation risk mitigation is challenging especially when a product has multiple quality characteristics and complex production and assembly. It is common wisdom that companies should identify and mitigate the risk associated with variation throughout the design process. As yield problems are identified, they should be mitigated using the most cost effective approach. One approach to variation risk mitigation is variation reduction (VR). VR targets reduction of variation introduced by existing manufacturing processes using tools such as Design of Experiments (DOE) and robust design. Many companies have specialized groups that specialize in these methods. VR teams have the role of improving manufacturing performance; however, these teams are limited in their resources. In addition, no tools exist to quantitatively determine where a VR team’s efforts are most effectively deployed. This paper provides a mathematical and optimization model to best allocate VR resources in a complex product.

The Impact of Just-in-Time Manufacturing and Its Infrastructure on Manufacturing Performance

1997 ◽  
Vol 43 (9) ◽  
pp. 1246-1257 ◽  
Author(s):  
Sadao Sakakibara ◽  
Barbara B. Flynn ◽  
Roger G. Schroeder ◽  
William T. Morris
Keyword(s):  
Just In Time ◽  
Manufacturing Performance ◽  
The Impact

TurkStream Collapse Test Program

2018 ◽  
Author(s):  
Chris Timms ◽  
Doug Swanek ◽  
Duane DeGeer ◽  
Arjen Meijer ◽  
Ping Liu ◽  
...  
Keyword(s):  
Thermal Ageing ◽  
Full Scale ◽  
The Black Sea ◽  
Small Scale ◽  
Test Program ◽  
Line Pipe ◽  
Medium Scale ◽  
Collapse Resistance ◽  
Full Scale Tests ◽  
The Impact

The TurkStream pipeline project is designed to transport approximately 32 billion cubic meters of natural gas annually from Russia to Turkey under the Black Sea, with more than 85% of the deep-water route being deeper than 2000 m. The offshore section is intended to consist of two parallel lines, each approximately 900 km long. The preliminary stages of the front end engineering design (pre-FEED) phase was managed by INTECSEA. To support the analyses and design of the deepest portions, a full scale collapse test program was performed by C-FER Technologies (C-FER). This collapse test program, which included 62 full-scale collapse and pressure+bend tests, 54 medium-scale ring collapse tests, and hundreds of small-scale tests, was primarily aimed at measuring, quantifying and documenting the increase in pipe strength and collapse resistance resulting from the thermal induction heat treatment effect (thermal ageing) that arises during the pipe coating process. Two grades of 32-inch (813 mm) outside diameter (OD) line-pipe, SAWL450 and SAWL485 with wall thicknesses of 39.0 mm or 37.4 mm, respectively, were supplied from various mills for testing. The collapse test program objectives were as follows: • Determine the collapse resistance of line pipes originating from various pipe mills; • Determine the pressure+bend performance of line pipes originating from various pipe mills; • Measure the effect of thermal ageing on material and collapse testing results, including the impact of multiple thermal cycles; and • Evaluate the results of medium-scale ring collapse tests as compared to full-scale tests. This paper presents selected results of this work, along with some comparisons to predictive equations.

scholarly journals The impact of preventive maintenance practices on manufacturing performance: A proposed model for SMEs in Malaysia

2016 ◽  
Author(s):  
Halim Mad Lazim ◽  
Che Azlan Taib ◽  
Hendrik Lamsali ◽  
Mohamed Najib Saleh ◽  
Chandrakantan Subramaniam
Keyword(s):  
Preventive Maintenance ◽  
Proposed Model ◽  
Manufacturing Performance ◽  
The Impact

THE IMPACT OF NEUROTIC ENTREPRENEURSHIP ON BUSINESS PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES

2018 ◽  
Author(s):  
Omotayo Adegbuyi ◽  
Ezekiel Ayoade ◽  
Olaleke Ogunnaike ◽  
Abimbola Adegbuyi ◽  
Olayinka Binuomote
Keyword(s):  
Business Performance ◽  
Medium Scale ◽  
The Impact

The impact of bank competition and concentration on industrial growth

2014 ◽  
Vol 124 (1) ◽  
pp. 60-63 ◽  
Author(s):  
Guy Liu ◽  
Ali Mirzaei ◽  
Sotiris Vandoros
Keyword(s):  
Bank Competition ◽  
Industrial Growth ◽  
The Impact

Regional Differences in Manufacturing Performance: The Case of the Canadian Food and Beverage Industry, 1961–84

1990 ◽  
Vol 22 (1) ◽  
pp. 79-100 ◽  
Author(s):  
D L Rigby
Keyword(s):  
Regional Differences ◽  
Food Industry ◽  
Commodity Prices ◽  
Food Sector ◽  
Beverage Industry ◽  
Food And Beverage Industry ◽  
Manufacturing Performance ◽  
Food And Beverage ◽  
Rate Of Profit ◽  
The Impact

In this paper the performance of the food and beverage industry in six regions of Canada between 1961 and 1984 is examined. The impact of spatial variations in commodity prices and techniques of production on the rate of profit are separated. Significant regional disparities in both production and market performance exist within the food sector and lend little support to the industry-mix thesis. Price variations are the principal cause of regional differences in manufacturing profitability. The rate of profit in the food industry declined in all regions, though at a slower rate than in manufacturing as a whole.

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