THE IMPACT OF HUMAN CAPITAL INVESTMENT ON DOMESTIC INVESTMENT IN NIGERIA

NWODO, EZINNE JULIET (2025) THE IMPACT OF HUMAN CAPITAL INVESTMENT ON DOMESTIC INVESTMENT IN NIGERIA. Other thesis, GODFREY OKOYE UNIVERSITY, ENUGU.

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Abstract

This study investigated the impact of human capital investment on domestic investment in Nigeria from 1980- 2022. An econometric model was formulated using the Autoregressive Distributed Lag (ARDL) model to analyze the relationship between human capital investment and domestic investment. The result show that investment in education and health care has a positive and significant impact on domestic investment in Nigeria, both in the short and long run. The study also finds that vocational training has a positive but insignificant impact on domestic investment. The findings suggest that policy makers should prioritize investment in education and health care to promote domestic investment and stimulate economic growth in Nigeria. The study contributes to the existing literature on human capital and economic growth in developing countries. The study therefore recommended that human capital investment should be sustained through adequate allocation to education and health sectors as well as maintaining a balanced growth strategy to cater for peoples’ welfare.

Item Type: Thesis (Other)
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Management and Social Sciences
Depositing User: Uchenna Eneogwe
Date Deposited: 16 Jun 2026 08:45
Last Modified: 16 Jun 2026 08:45
URI: http://eprints.gouni.edu.ng/id/eprint/5817

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