1. UKM Learning and Research Repository
2. Master Thesis / Tesis Master
3. Faculty of Economy and Management / Fakulti Ekonomi dan Pengurusan

Title:	The impact of human capital development on economic growth of Nigeria
Authors:	Oboh Jerry Sankay (P47359)
Supervisor:	Rahmah Ismail, Prof.
Keywords:	Universiti Kebangsaan Malaysia--Dissertations Dissertations Academic -- Malaysia Human capital--Nigeria Economic development--Nigeria.
Issue Date:	23-Nov-2011
Description:	Economic growth and development cannot be achieved by any country without investing substantially on human capital development. In the past decades, most of the planning in Nigeria was concentrated on the accumulation of physical capital for expeditious eco no mic growth and development, without due consideration of the important role played by human capital in the development process. Today the Nigerian government has come up with various approaches and schemes so as to ascertain the positive spill-over from human capital development. The research dwells on education and investigates the impact of human capital development on economic growth of Nigeria during the period 1970 to 2008.Johansen cointegration technique and vector error correction analysis were used to ascertain this relationship. The dissertation adopted an endogenous growth model and the basic macroeconomic variables of concern are: Real gross domestic product (RGDP), real capital expenditure (RCE) on education, real recurrent expenditure (RRE) on education, real capital stock (RCS), total school (SCHE) enrolments and labour force (LF) are used to proxy human capital development. While RGDP is the depended variable, the others make up the exogenous variables. In the short-run labour force appears to be significant and contribute positively to Nigeria's economic growth, while in the long-run the result indicated that human capital development variables such as real capital stock and school enrollments plays significant roles in the growth process. It also highlighted the fact that government recurrent expenditure on education is not significant and has no positive role in the growth process. Capital expenditure on education appears to be significant but impact negatively on the economic growth of Nigeria, the Nigerian government needs to improve on its sustenance and maintenance culture as well as to ensure that fund voted for education are spent on education.,Certification of Masters/ Doctorial Thesis" is not available
Pages:	89
Call Number:	HD4904.7.S243 2011 tesis
Publisher:	UKM, Bangi
Appears in Collections:	Faculty of Economy and Management / Fakulti Ekonomi dan Pengurusan

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.