Does investment in education and health impact youth employment outcomes? Evidence from Sub Saharan Africa

ANOWOR, OLUCHUKWU F and Hyacinth, E Ichoku and Vincent, A Onodugo and Chinedu, Ochinanwata and Peter, Chika Uzomba (2023) Does investment in education and health impact youth employment outcomes? Evidence from Sub Saharan Africa. Cogent Economics & Finance. pp. 1-16.

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Abstract

Labour engagement, underutilization and unemployment has dominated discourse in development literature in developing economies. It tangentially dic tates the direction of migration, gross domestic output and in some cases, youth restiveness. This study investigated the unique relationship between investment in human capital proxied by spending in education and health and its effects on youth employment outcomes in Sub-Saharan Africa (SSA). Annual data spanning 1995– 2017 were obtained from 40 SSA countries comprising 920 macro panel observa tions. The bootstrap-based bias correction for the panel fixed effects estimation technique was employed to improve on the analytical corrections. Findings suggest that human capital investment comprising private and government health expen ditures, primary, secondary and tertiary education expenditures were found to have varying significant impact on youth employment in SSA. The policy implication is that to reverse the perennial problem of youth unemployment in SSA would require serial consistent disproportionate investment more in education than in health.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Management and Social Sciences
Depositing User: mrs chioma hannah
Date Deposited: 19 May 2025 13:50
Last Modified: 19 May 2025 13:50
URI: http://eprints.gouni.edu.ng/id/eprint/4587

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