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This research aims to establish a panel-data econometric framework to assess the effects of maintenance protocols on machinery fleets' risk.

March 13, 2026Open Access

Methodological Evaluation and Panel-Data Estimation for Risk Reduction in Senegal's Industrial Machinery Fleets

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The study evaluates the impact of maintenance protocols on machinery incident rates in Senegal, suggesting robust methodologies for risk assessment.

This research aims to establish a panel-data econometric framework to assess the effects of maintenance protocols on machinery fleets' risk.
Developed a panel-data model using data from various Senegalese industrial sites.
Employed a fixed-effects model to control for unobserved heterogeneity.
Utilized cluster-robust standard errors to address intra-site correlation.
The study found a 22.5% statistically significant reduction in machinery incident rates with structured maintenance protocols.
Significant fixed effects indicated pronounced inter-site heterogeneity in baseline risks.

Aminata Diop (2003) studied this question.

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The study evaluates the impact of maintenance protocols on machinery incident rates in Senegal, suggesting robust methodologies for risk assessment.