Role Of Human Capital Development In Economic Development In Nigeria:- Kalu, Clara I
ABSTRACT
The study is an attempt to investigate the
Role of Human Capital Development in Economic Development in Nigeria. To
achieve this objective, the study estimated a multiple regression model with
Human development Index as the dependent variable , while government
expenditure on health, government expenditure on education, primary school
enrollment, secondary school enrollment, life expectancy and inflation are the
independent variables was estimated. Unit root test was used to test the
stationarity and Johansen Cointegration test was also carried out to detect the
Long-run relationship among the variables of the model. Annual time series data
ranging from 1981- 2018 of the selected variables were employed in the
analysis. The study established that Government expenditure on education has a
positive relationship with economic development. Government expenditure on
health also has a positive short run impact on economic development although
the variable remain statistically insignificant. The study recommends that
Government should put in place the required education and training policy that
would guaranteed quality schoolingforprimary and tertiary education.
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MICHAEL, U (2026). Role Of Human Capital Development In Economic Development In Nigeria:- Kalu, Clara I. Repository.mouau.edu.ng: Retrieved May 29, 2026, from https://repository.mouau.edu.ng/work/view/role-of-human-capital-development-in-economic-development-in-nigeria-kalu-clara-i-7-2
UNIVERSITY, MICHAEL. "Role Of Human Capital Development In Economic Development In Nigeria:- Kalu, Clara I" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 29 May. 2026, https://repository.mouau.edu.ng/work/view/role-of-human-capital-development-in-economic-development-in-nigeria-kalu-clara-i-7-2. Accessed 29 May. 2026.
UNIVERSITY, MICHAEL. "Role Of Human Capital Development In Economic Development In Nigeria:- Kalu, Clara I". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 29 May. 2026. Web. 29 May. 2026. < https://repository.mouau.edu.ng/work/view/role-of-human-capital-development-in-economic-development-in-nigeria-kalu-clara-i-7-2 >.
UNIVERSITY, MICHAEL. "Role Of Human Capital Development In Economic Development In Nigeria:- Kalu, Clara I" Repository.mouau.edu.ng (2026). Accessed 29 May. 2026. https://repository.mouau.edu.ng/work/view/role-of-human-capital-development-in-economic-development-in-nigeria-kalu-clara-i-7-2