Please use this identifier to cite or link to this item: http://repository.unizik.edu.ng/handle/123456789/619
Title: Assessment of Energy Efficiency Investment in Onitsha Business Cluster, Nigeria
Authors: Dimnwobi, Stephen K.
Nwokoye, Ebele Stella
Igbanugo, Clement I.
Ekesiobi, Chukwunonso
Asongu, Simplice A.
Keywords: Energy Efficiency
Nigeria
Onitsha
Plastic
Cluster
Issue Date: Dec-2022
Publisher: Emerald
Citation: International Journal of Energy Sector Management
Abstract: This paper empirically assesses energy efficiency (EE) adoption among firms by examining the factors that drive investment in energy efficiency in the Onitsha plastic cluster, South -East, Nigeria. Self-administered questionnaires were delivered to the selected enterprises. A total of 450 questionnaires were administered of which 423 were certified valid and utilized for the analysis. A Heckit model was developed and estimated. Gender, firm size, Joneses effect, and expected cost reduction benefits are the significant determinants of energy efficiency investment. However, firm structure, government incentives, regulatory requirements, and reduction of carbon emission are insignificant drivers of EE investment decisions in the Onitsha Plastic Cluster. This paper presents a foremost attempt at analysing t he determinants of energy investment in a cluster in Nigeria.
Description: Scholarly Work
URI: DOI: 10.1108/IJESM-11-2021-0012
http://repository.unizik.edu.ng/handle/123456789/619
ISSN: 1750-6220
Appears in Collections:Scholarly Works

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