Determinants of Product Diversification among Micro and Small Enterprises in Wolaita Zone, Ethiopia: An Econometric Analysis

Tekle Leza

Determinants of Product Diversification among Micro and Small Enterprises in Wolaita Zone, Ethiopia: An Econometric Analysis

Tekle Leza * §

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§ Wolaita Sodo University

Determinants of Product Diversification among Micro and Small Enterprises in Wolaita Zone, Ethiopia: An Econometric Analysis

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Abstract

Micro and Small Enterprises (MSEs) promotion and job creation go hand in hand in poverty reduction. Product diversification among MSE sis known to contribute to risk mitigation and stable MSE sector for job creation across the world. This study investigated determinants of product diversification among MSEs in Wolaita Zone, Ethiopia. Multi-stage sampling technique was employed to select 352 enterprises by using Yamane (1967) formula with 5 per cent precision and 95 per cent confident level. Data were collected using interview schedule through face-to-face interview, observation, key informant interview and focus group discussion and data analyses were carried out by using descriptive, inferential statistics and econometric model. Econometrics result indicated that ten variables significantly determined the probability of product diversification decision.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Tekle Leza. 2017. "Determinants of Product Diversification among Micro and Small Enterprises in Wolaita Zone, Ethiopia: An Econometric Analysis". Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 16 (GJHSS Volume 16 Issue E4).

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GJHSS Volume 16 Issue E4

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Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Keywords

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Classification

GJHSS-E Classification FOR Code: 340299

Submission ReceivedDecember 11, 2015
Peer Review Double Blind
Handling Editor
Accepted January 5, 2016
Published January 15, 2016

Version of record

v1.2

Issue date

February 3, 2017

Language

English

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Article Matrices

Total Score: 73

Country: Ethiopia

Subject: Global Journal of Human-Social Science

Authors: Tekle Leza, Sandraa Rajan, Berhanu Kuma (PhD/Dr. count: 0)

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