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Impact of Human Capital Development on Poverty Reduction in Nigeria

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  • Chikelu, James Chukwubudom

Abstract

This study examines the impact of human capital development on poverty reduction in Nigerian economy from the period 1986 to 2012. The Ordinary Least Squares (OLS), Augmented DickeyFuller and Johansen Co-integration methods were used to estimate the model of one dependent variable (poverty rate) and four explanatory variables (primary school enrolment, secondary school enrolment, tertiary school enrolment and per capita income). The study revealed that there exists a relationship between human capital development and poverty reduction in Nigeria. Recommendations were also made to help improve the country’s human capital.

Suggested Citation

  • Chikelu, James Chukwubudom, 2016. "Impact of Human Capital Development on Poverty Reduction in Nigeria," MPRA Paper 74696, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:74696
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    References listed on IDEAS

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    1. Thorvaldur Gylfason & Gylfi Zoega, 2003. "Education, Social Equality and Economic Growth: A View of the Landscape," CESifo Economic Studies, CESifo Group, vol. 49(4), pages 557-579.
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    Cited by:

    1. Olabisi Simeon Ayoade & Monica Alagbile Orisadare Ph. D & Micheal Olamide Adediwura & Emmanuel Eromosele Ofino Ph. D, 2023. "Institutional Quality, Human Capital Development and Poverty Level in Nigeria (1981-2021)," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(9), pages 2071-2085, September.
    2. Mbulaheni Albert Dagume, 2021. "Factors Influencing Poverty in South Africa: Time Series Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 11(5), pages 86-95.
    3. Olowookere Johnson Kolawole & Olanipekun Wahid Damilola & Sokunbi Gbenro Matthew & Aderemi Timothy Ayomitunde, 2022. "Human Capital Development and Sustainable Development: Evidence from Nigeria," Studia Universitatis Babeș-Bolyai Oeconomica, Sciendo, vol. 67(1), pages 63-76, April.

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    More about this item

    Keywords

    Human capital; Poverty; Development;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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