The Impact of Human Capital Development on the Economic Growth of Nigeria PDF Download

Author: Oboh Jerry Sankay
Publisher:
ISBN:
Category : Human capital
Languages : en
Pages :

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Author: Hassan M Somo
Publisher: GRIN Verlag
ISBN: 3668654514
Category : Business & Economics
Languages : en
Pages : 70

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Research Paper (undergraduate) from the year 2016 in the subject Business economics - Business Management, Corporate Governance, grade: .90, , course: Economics, language: English, abstract: The study focus on identifying the relationship between Human capital and economic development for Educational Institutions in Mogadishu, using descriptive analysis with view of increasing the efficiency and effectiveness of private universities in Mogadishu,. More specifically, this study aims to find out the effect of human capital development and economic development. The target or accessible population of the study was 60 of educated employee or instructors in educational institutions in Mogadishu an which a sample of 49 respondents was drawn using stratified random sampling and proportionate was used to determine sample size for each of the three educational institutions such as plasma university, modern university and university of Somalia, To achieve the objectives of the study, a survey design was employed. The study relied principally on primary data which was collected using questionnaires containing close ended questions for ease of analysis. Data was analyzed using descriptive with the aid of Statistical Package for Social Sciences.Based on the finding in objective one which indicates the total average mean, the second objectives which indicates the total average mean,, Based on the findings in objective third and fourth or specific objectives of the study indicates the total average mean so that the all objectives indicate a good sign or positive sign, means the overall Skill building and training of the educational institutions are very good While the overall mean of economic development was scored a as shown in the table of chapter four indicates, so that the study indicates that human capital development have a significant and strong relationship towards the economic development. The researcher recommends further investigation should be conducted to collect data from other educational institutions such to see whether human capital development are increasing and effecting the economics in the country. The study also recommends that the Expand human capital investment on institutional capacity by strengthening the infrastructure of educational institutions to produce quality manpower to eradicate the level of illiterate and effect the economics of the country

Author: Chibuzor Happinessobi
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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This study analysed the impact of education human capital development on economic growth in Nigeria from 1980 to 2020. The study specifically used secondary school enrolment as a comprehensive measure of education human capital, while life expectancy at birth was used as a measure of health human capital. By employing annual secondary time series data, the research aimed to assess the relationship between education human capital and economic growth in Nigeria. The data, obtained from the World Development Indicators of the World Bank, were subjected to appropriate descriptive and econometric techniques, including the Autoregressive Distributive Lag method. The findings revealed a significant positive correlation between education human capital development, as measured by secondary school enrolment, and economic growth in Nigeria. Therefore, the study recommends that government expenditures be directed towards human capital development, with a particular emphasis on education, to promote increased, sustainable, and equitable economic growth. In summary, this research highlights the importance of gender analysis in understanding the effects of human capital developments on economic growth in Nigeria. By recognizing the specific impact of education and health on economic growth, policymakers can make informed decisions to foster sustainable economic development.

Author: Jonathan Adetoso
Publisher:
ISBN:
Category :
Languages : en
Pages : 5

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The study examined the effect of human capital development and capabilities on economic growth and development in Nigeria. This included the analysis of the impact of heath care delivery and education. Secondary data were used for the study and study covered a period of year 2000-2009. Statistical tools used in analyzing the date was correlation which revealed that investment in education and health has positive correction with economic growth and development. Conclusively, the study posits that formal education is highly instrumental and even necessary to improve the productive capacity of a nation.

Author: Ebele Nwokoye
Publisher:
ISBN:
Category :
Languages : en
Pages : 22

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This study empirically estimated the long-run and short-run impact of federal government human capital spending on human capital development in Nigeria. The study was motivated by the fact that despite growth in public spending in the past decade Nigeria still ranks low in human capital development. Time series data from 1990-2015 was collected and autoregressive distributed lag (ARDL) and Bounds test were used to estimate the short-run and long-run relationships respectively. The Bounds test was used to determine that a long-run relationship exists between Human Development Index (HDI) and government human capital spending while controlling for macroeconomic state of the economy using economic growth and inflation rate. The study finds that 1-year and 2-year lags of government recurrent education expenditure has weak significant negative impact on HDI rather than the expected positive impact. Only government recurrent health spending has positive impact on human capital development up to the 2-year lag. The speed of adjustment of the short-run relations is 41% significant at 5% level. The results demonstrated that both in the long and short run, government health spending has remained positive but to a very large extent insignificant to human capital development in Nigeria; whereas government education spending has not produced the desired positive impact on human capital development in Nigeria. This accounts for the low HDI of Nigeria over the years. The study therefore concludes that human capital development could be achieved through more efficient health spending in Nigeria. This study therefore strongly recommends that federal government should raise substantially the level of capital spending on education and health in order to achieve meaningful human capital development in Nigeria.

Author: Ms.Sonia Brunschwig
Publisher: International Monetary Fund
ISBN: 1451981147
Category : Business & Economics
Languages : en
Pages : 35

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This paper analyzes the impact of human capital on growth, on the basis of refined calculations of human capital, and with a focus on West Africa. Using a growth-accounting methodology, it distinguishes the sources of growth between the accumulation of factors of production and changes in production intensity or efficiency. Private capital is found to be particularly important to growth, but human capital appears not to be significant. The paper also identifies the terms of trade, trade openness, the government deficit, and the share of government investment in total investment as key policy variables affecting growth.

Author: Olusegun Richard Daisi
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Human capital formation involves investment in education, training, health and other social services that will enhance the productive capacity of labour. This paper examines the impact of human capital formation on the economic growth of Nigeria from 1975-2008. The study used co integration and error correction mechanisms to determine the relationship between human capital formation and economic growth. Unit root tests conducted on key variables shows that they are stationary in their first difference, and are also co integrated.. The results further indicate that human capital formation, measured by investment in physical capital, is a good predictor of economic growth. Based on the result , it is therefore recommended that government should increase its expenditure on education, health and other social and economic infrastructure that will enhance the productivity capacity of labour. Furthermore, an attempt should also be made to restructure the educational system to meet the challenges of the society, provide adequate incentives in terms of job opportunities, enhance wage structure and improve working conditions to individuals as well as provision of stable macroeconomic environment that will encourage increased investment in education and training by the organized private sector, religious bodies, and individuals.

Author: Centre for Educational Research and Innovation
Publisher: Org. for Economic Cooperation & Development
ISBN:
Category : Business & Economics
Languages : en
Pages : 128

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Investment in human capital is to the fore of debate and analysis in OECD countries about how to promote economic prosperity, fuller employment, and social cohesion. Individuals, organisations and nations increasingly recognise that high levels of know

Author: Sisay Asefa
Publisher: W. E. Upjohn Institute
ISBN:
Category : Business & Economics
Languages : en
Pages : 184

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Author: Alberto Bucci
Publisher: Palgrave Macmillan
ISBN: 9783030215989
Category : Business & Economics
Languages : en
Pages : 0

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This edited collection explores the links between human capital (both in the form of health and in the form of education), demographic change, and economic growth. Using empirical as well as theoretical perspectives, the authors investigate several important issues in the context of human capital, namely population ageing, inequality, public policy, and long-term economic development. Ultimately, they demonstrate that the accumulation of human capital is of crucial importance to long-run economic growth.