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Economic and Financial Review

Publisher

Central Bank of Nigeria

Keywords

Economic Growth;, Human Capital;, Nigeria;

Abstract

The paper examines empirically the relationship between economic growth and human capital development using Nigeria data. Microeconomics variables such as Growth of real gross domestic products (RGDPG), capital expenditure (CE) on education. recurrent expenditure on education (RE), real gross capital formation (RGCF) was used to proxy physical formation, enrollment into primary (PRYE), post-primary (PPE) and tertiary (TERE) educational institutional were used to proxy human capital development. It found that investment in human capital, through the availability of infrastructure requirements in the education sector accelerates economics growth.

Issue

44

Volume

3

Recommended Citation

Otu M.F. & Adenuga A.O. (2007). Economic Growth and Human Capital Development: the case study of Nigeria. Economic and Financial Review, 44 (3), 1-27.

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