Unveiling the Nexus between Access to Electricity, Firm Size and SME's Performance in Bangladesh: New Evidence Using PSM

被引:6
作者
Chowdhury, Mohammad Abir Shahid [1 ]
Chuanmin, Shuai [1 ]
Sokolova, Marcela [2 ]
Rahman, A. B. M. Munibur [3 ]
Akbar, Ahsan [2 ,4 ]
Ali, Zahid [5 ]
Usman, Muhammad [6 ]
机构
[1] China Univ Geosci Wuhan, Sch Econ & Management, Wuhan 430074, Peoples R China
[2] Univ Hradec Kralove, Fac Informat & Management, Dept Management, Hradec Kralove 50003, Czech Republic
[3] Wuchang Univ Technol, Business Sch, Wuhan 430223, Peoples R China
[4] Guangzhou City Univ Technol, Int Business Sch, Guangzhou 510080, Peoples R China
[5] Univ Malakand, Dept Commerce & Management, Malakand 23050, Pakistan
[6] Univ Educ, Dept Econ & Business Adm, Faisalabad Campus, Lahore 38000, Pakistan
关键词
access to electricity; firm performance; small and medium-sized enterprises (SMEs); propensity score matching technique; Bangladesh; DEVELOPING-COUNTRIES; LABOR PRODUCTIVITY; GROWTH; AFRICA; INFRASTRUCTURE; CONSUMPTION; HOUSEHOLDS; SHORTAGES; INDUSTRY; IMPACTS;
D O I
10.3390/en14206493
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
Uninterrupted availability of energy and power resources is essential for the productivity and smooth functioning of an enterprise. However, constrained by financial resources, smaller firms in developing economies face a plethora of challenges concerning the access to electricity. However, less attention has been paid in the extant literature to explore this phenomenon. The present study investigates the impact of access to electricity on labor productivity in Bangladesh in the presence of electricity constraints, electricity obstacles, and SME firm size. It employs the OLS regression and propensity score matching (PSM) technique for treatment effect to deal with the selection bias and endogeneity issue using the World Bank Enterprise Survey's cross-sectional firm-level data for 3196 sample firms over the period of 2007-2013. The results provide evidence in support of SMEs' labor productivity in response to electricity access. Lack of electricity access was partially found to affect SMEs' labor productivity significantly negatively. Further, the results show a positive impact of firm size on firm performance. However, results from this model appear that constrained SMEs' access to electricity has a negative relationship with firm performance. The article then suggests several policy implications on changing government regulations regarding the efficient use of renewable energy resources to enhance electricity generation for optimized SME performance and sustainable economic development in Bangladesh.</p>
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页数:16
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