Analysis of the Implication of Human Capital Development on Economic Growth in Nigeria

Nwanne, T.F.I (2015) Analysis of the Implication of Human Capital Development on Economic Growth in Nigeria. International Research Journal of Finance and Economics (142). ISSN 1450 - 2887

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Abstract

This research aimed at examining the effect of human capital development on the growth of Nigerian economy. Using co-integration techniques to investigate the effect of human capital development and economic growth in Nigeria, we observed that there is significant long-run relationship between human capital development and economic growth in Nigeria. This is confirmed by the Johansen co-integration. The vector error correction model (VECM) indicates that 1% increase in the government expenditure on education (TEDU), on the average, led to 23.8% increase in GDP while 1% increase in the government expenditure on health (THEA) caused 37.6% decrease in GDP.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
L Education > L Education (General)
Divisions: Faculty of Management and Social Sciences
Depositing User: GOUNI ICT
Date Deposited: 18 May 2018 11:20
Last Modified: 18 Jun 2019 12:49
URI: http://eprints.gouni.edu.ng/id/eprint/109

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