A contribution to the human capital investment debate vis-à-vis economic growth: the case for Nigeria
| Main Author: | ANOCHIWA, Lasbrey |
|---|---|
| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
Goodwood Publishing
, 2021
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| Subjects: | |
| Online Access: |
https://goodwoodpub.com/index.php/ahrmr/article/view/364 https://goodwoodpub.com/index.php/ahrmr/article/view/364/100 |
Daftar Isi:
- Purpose: Human capital development is essentially vital in enhancing economic growth and Nigeria needs to grow. This study investigates the contribution of human capital to growth in Nigeria. Research methodology: We have disaggregated the article's variables into different models, for a better result. We employed the Autoregressive Distribution Lag (ARDL) framework to examine the relationship between the variables. E-views software was used as applied in Akbari, Chude and Chude (2013). Result: The result shows that there exists a long-run relationship between the human capital indices, education and health in Nigeria and economic growth. Though the coefficient is positive but has a statistically insignificant relationship with human capital development and economic growth. Limitation: The study was hindered by the availability of data. Contribution: It is satisfactory to know from the study that human capital is still relevant in explaining growth in Nigeria. Keywords: Human capital, Economic growth, Development