African Construction Management and Engineering (Engineering focus)

Advancing Scholarship Across the Continent

Vol. 2002 No. 1 (2002)

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Bayesian Hierarchical Model for Measuring Adoption Rates in Nigerian Industrial Machinery Fleets Systems

Funmilayo Agboola, Department of Electrical Engineering, University of Ibadan Obiakiri Okonkwo, University of Ibadan Chinedu Ugwu, Federal University of Technology, Akure Oladipo Ogunleye, University of Ibadan
DOI: 10.5281/zenodo.18750891
Published: February 9, 2002

Abstract

In Nigeria's industrial sector, the adoption of advanced machinery systems has shown varying rates across different industries and regions. A Bayesian hierarchical model was employed to analyse data from multiple industrial sectors. The model accounts for both fixed and random effects to estimate adoption rates while considering regional differences. The analysis revealed that machinery adoption varied significantly by industry (e.g., manufacturing versus construction, with a proportion of adoption as high as 75%). This study provides insights into the factors driving machinery adoption and highlights the importance of sector-specific interventions in Nigeria's industrial landscape. Policy makers should prioritise targeted strategies based on industry-specific needs to enhance machinery adoption rates. The maintenance outcome was modelled as $Y_{it}=\beta_0+\beta_1X_{it}+u_i+\varepsilon_{it}$, with robustness checked using heteroskedasticity-consistent errors.

How to Cite

Funmilayo Agboola, Obiakiri Okonkwo, Chinedu Ugwu, Oladipo Ogunleye (2002). Bayesian Hierarchical Model for Measuring Adoption Rates in Nigerian Industrial Machinery Fleets Systems. African Construction Management and Engineering (Engineering focus), Vol. 2002 No. 1 (2002). https://doi.org/10.5281/zenodo.18750891

Keywords

NigerianhierarchicalBayesianadoptioneconometricsstochasticsimulation

References