A contribution to the human capital investment debate vis-à-vis economic growth: the case for Nigeria

Published: Jan 11, 2021

Abstract:

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

Keywords:
1. Human capital
2. Economic growth
3. Development
Authors:
Lasbrey ANOCHIWA
How to Cite
ANOCHIWA, L. (2021). A contribution to the human capital investment debate vis-à-vis economic growth: the case for Nigeria. Annals of Human Resource Management Research, 1(1), 15–28. https://doi.org/10.35912/ahrmr.v1i1.364

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