IDEAS home Printed from https://ideas.repec.org/a/asi/adprev/v4y2016i3p65-73id390.html
   My bibliography  Save this article

Crowding-In and Crowding-Out Effects of Recurrent and Capital Expenditure on Human Capital Development in Nigeria

Author

Listed:
  • Richardson Kojo Edeme
  • Nelson C Nkalu

Abstract

It has been argued that public expenditure on education and health is a veritable tool in improving human capabilities. Expenditure on these sectors is categorized into recurrent and capital. While capital expenditure can go a long way in enhancing the productivity capacity, recurrent expenditure is for non-productive activities. Available statistics however shows that in Nigeria, emphasis has been on recurrent expenditure at the detriment of capital expenditure. This study therefore employed multiple regression to ascertain how this pattern of expenditure crowd-in and crowd-out human capital development in Nigeria using capital and recurrent expenditure on education and health. The estimated models reveal that both capital and recurrent expenditure crowd-in and crowd-out human capital development. This outcome therefore suggests a new expenditure framework that refocuses more on capital expenditure than recurrent expenditure.

Suggested Citation

  • Richardson Kojo Edeme & Nelson C Nkalu, 2016. "Crowding-In and Crowding-Out Effects of Recurrent and Capital Expenditure on Human Capital Development in Nigeria," Asian Development Policy Review, Asian Economic and Social Society, vol. 4(3), pages 65-73.
    • Handle: RePEc:asi:adprev:v:4:y:2016:i:3:p:65-73:id:390
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5008/article/view/390/744
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Oseni, Isiaq Olasunkanmi & Oyelade, Aduralere O., 2023. "Effect of Capital Expenditure on Unemployment Rate in Nigeria," African Journal of Economic Review, African Journal of Economic Review, vol. 11(3), June.
    2. Iliyasu, Ibrahim & Gambo, Suleman Lawal, 2021. "Does Debt Servicing Crowd-Out Federal Government Expenditures in Nigeria?," African Journal of Economic Review, African Journal of Economic Review, vol. 10(1), December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:asi:adprev:v:4:y:2016:i:3:p:65-73:id:390. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5008/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.