scholarly journals Human Capital Investment and Economic Growth in Nigeria: 1989-2019

2021 ◽  
Vol 04 (08) ◽  
Author(s):  
Davis Ojima ◽  
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Strong Relationship ◽  
Well Being ◽  
Ordinary Least Squares ◽  
Social Orientation ◽  
Sources Of Information ◽  
The People

Human capital investment has been identified as the increase in the potential of an individual through education, knowledge, skills and health acquired overtime which enhances his ability to be more productive in the society. It is believed that the more productive a people are, the more developed the economy, having been impacted by the increased productivity of the workforce. As its main objective, this paper examined the relationship between human capital investment and economic growth with Nigeria in focus and between the period 1989 – 2019. The paper used secondary sources of information for the study. Data obtained within the scope of the study and the variables were within the period of investigation. It adopted the unit root, the dynamic ordinary least squares, as well as the Error Correction Model (ECM) to test the short and long run relationship of the variables selected for the study. Between human capital investment and economic growth in Nigeria, the results showed a strong relationship. Based on the result, the study recommended that government prioritize education and health to assure the socio-economic well being of the people. As a corollary to the above, government at all tiers should increase annual budgetary allocation to these sectors. Government should also intensify efforts in economic and social orientation to mobilize and inculcate sanitary and health culture in the people.

The Role of Human Capital Investment in Poverty Alleviation and Improvement of Indonesian Human Performance in Dignified Economic Independence

2021 ◽  
Vol 1 (1) ◽  
pp. 132-135
Author(s):  
Nur Sholeh Hidayat ◽  
◽  
Eddy Priyanto
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Capital Investment ◽  
Human Performance ◽  
Moving Average ◽  
Human Capital Investment ◽  
Secondary Data ◽  
Economic Independence ◽  
Education And Health

This research studies the role of human capital investment through the mechanism of improving education and health services in efforts to alleviate poverty and increase economic independence with dignity in the form of improving the performance of Indonesia's human resources which is reflected in Indonesia's economic growth. This study uses secondary data from world banks and processed regression using the moving average autoregression method. We find that investment in education and investment in health is positively related to economic growth. And, poverty is negatively related to economic growth. This indicates that human capital investment in Indonesia is able to promote economic growth and alleviate poverty in Indonesia.

Mortality decline, human capital investment, and economic growth

2000 ◽  
Vol 62 (1) ◽  
pp. 1-23 ◽  
Author(s):  
Sebnem Kalemli-Ozcan ◽  
Harl E. Ryder ◽  
David N. Weil
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Mortality Decline

scholarly journals Human Capital Investment, Inequality, and Economic Growth

2016 ◽  
Vol 34 (S2) ◽  
pp. S99-S127 ◽  
Author(s):  
Kevin M. Murphy ◽  
Robert H. Topel
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Capital Investment ◽  
Human Capital Investment

scholarly journals Population and Economic Growth Under Different Growth Engines

2017 ◽  
Vol 18 (2) ◽  
pp. 182-211 ◽  
Author(s):  
Alberto Bucci ◽  
Xavier Raurich
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Human Capital ◽  
Population Growth ◽  
Capital Accumulation ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Physical Capital ◽  
Long Run

Abstract Using a growth model with physical capital accumulation, human capital investment and horizontal R&D activity, this paper proposes an alternative channel through which an increase in the population growth rate may yield a non-uniform (i.e., a positive, negative, or neutral) impact on the long-run growth rate of per-capita GDP, as available empirical evidence seems mostly to suggest. The proposed mechanism relies on the nature of the process of economic growth (whether it is fully or semi-endogenous), and the peculiar engine(s) driving economic growth (human capital investment, R&D activity, or both). The model also explains why in the long term the association between population growth and productivity growth may ultimately be negative when R&D is an engine of economic growth.

Dampak Investasi Sumberdaya Manusia Terhadap Pertumbuhan Ekonomi dan Kemiskinan di Provinsi Papua Barat: Pendekatan Model Computable General Equilibrium

Agrotek ◽  
2018 ◽  
Vol 2 (4) ◽  
Author(s):  
Supri Hadi
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
General Equilibrium ◽  
Urban Area ◽  
Rural Area ◽  
Computable General Equilibrium ◽  
Capital Investment ◽  
Government Expenditure ◽  
Human Capital Investment ◽  
Severity Index

The research objectives are to analyze impact of human capital investment on economic growth and poverty incidence in West Papua. Analysis is using a combination of Computable General Equilibrium (CGE) Model and Foster�Greer-Thorbecke Method. The human capital investment is represented by government expenditure for education and health. The simulation results show that human capital investment is able to increase economic growth and household income. Head count index, poverty gap index and poverty severity index also decrease except for non-labor household group in the urban area. Human capital investment for education gives more benefit to household in rural area than those in urban area, especially for farm-laborer and agriculture entrepreneur household groups in the rural area, while investment for health gives more benefit to non-agricultural high income household group in urban area.

INSTITUTIONS, INVESTMENT AND ECONOMIC GROWTH: A CROSS-COUNTRY AND PANEL DATA STUDY

2015 ◽  
Vol 60 (04) ◽  
pp. 1550061 ◽  
Author(s):  
SAMIA NASREEN ◽  
SOFIA ANWAR ◽  
MASOOD QADIR WAQAR
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Panel Data ◽  
Capital Investment ◽  
Positive Impact ◽  
Panel Data Analysis ◽  
Civil Liberties ◽  
Human Capital Investment ◽  
Important Relationship ◽  
Cross Country

In this study, both cross-country and panel techniques have been used to analyze the long-term impact of institutions on investment and economic growth in the context of neoclassical model. The empirical results indicate that both physical and human capital investment have positive impact on economic growth. Economic freedom has a direct impact on economic growth by enhancing factor productivity and indirect by increasing investment. Political and civil liberties also exert positive impact on investment. Further, an important relationship exists between institutional freedom and human capital investment in both cross-country and panel data analysis.

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