Human Capital Development and Economic Growth in Nigeria: An ARDL Bound-Testing Approach

Ogunjobi, J. O. and Oluwaseun, Shedrack Eseyin and Abel, Awe A (2024) Human Capital Development and Economic Growth in Nigeria: An ARDL Bound-Testing Approach. International Research Journal of Economics and Management Studies, 3 (8). pp. 144-153. ISSN 2583 – 5238

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Abstract

The development of human capital as a means of promoting economic progress in Nigeria is the main emphasis of this study. The investigation used time series data from 1981 to 2018. The data analysis method employed was ARDL Bound-Testing. It was discovered that the human capital development factors of education and health had favorable and statistical significance effects on economic growth. The study, therefore, recommended that to achieve a sustainable impetus for economic growth, a robust action plan focusing on the rejuvenation of the country’s educational and health sectors must be entrenched. In addition, the recommendation for an upward review of yearly budgetary provisions to these two s

Item Type:	Article
Subjects:	H Social Sciences > HB Economic Theory
Depositing User:	OLUFEMI OGUNJOBI
Date Deposited:	09 Feb 2026 07:15
Last Modified:	09 Feb 2026 07:15
URI:	https://eprints.lmu.edu.ng/id/eprint/5840

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