Econometric Analysis of Wood Furniture Production in Wolaita Sodo: The Case of Small and Medium Scale Wood Manufacturing Industries

Abstract

It is essential to understand how the small and medium scale system of wood manufacturing is functioning so that it can contribute to its own sustainable manufacturing competitiveness and support livelihood of the communities. Current study is aimed to examine factors that affect small and medium scale wood furniture (Bed) supply in Wolaita Sodo. The research has used primary and secondary data and descriptive and econometric analysis to obtain the following facts; The variables which were found to be determining the supply of various Beds in the area are  quantity produced, access to market information, access to raw material and education level which affected the amount Beds supplied positively and significantly at 0.00, 0.01 and 0.05 and 0.05 significance level, respectively. Thus, government bodies should invest on capacity and performance building of enterprises engaged in furniture manufacturing by using training centers is highly needed to sustain furniture contribution to local as well as global economy.

Keywords: Furniture, manufacturing, factors