MA 49 Disaggregated Impact of Government Expenditure on Human Capital Development in Nigeria

 Disaggregated Impact of Government Expenditure on Human Capital Development in Nigeria

 

Gwong Timothy Madaki 1 • Gylych Jelilov 1 • Murat Akyuz 2
1 Department of Economics, Nile University of Nigeria, Abuja, Nigeria
2 Department of Business Administration, Nile University of Nigeria, Abuja, Nigeria
jelilov@nileuniversity.edu.ng

 

Abstract: 

This study examined the disaggregated impact of government expenditure on human capital development in Nigeria from 1989 – 2018. In spite of the enormous government spending, little have been felt in the area of human capital development, fundamental to consistent economic growth of any nation. It no news that educational sector has been poorly managed and funded to regenerate the desired human capital development which in turn spurs economic growth. Intuitively, the study adopted the ordinary least squares method, novel for its BLUE properties of it estimators. Several pre and post tests
were done on the series used. The result found that capital expenditure has significant impact on human capital development cum economic growth in Nigeria and this finding is consistent with the  endogenous hypothesis. Amazingly, variance decomposition result suggests that recurrent and capital expenditure collectively contribute to change in human capital development in Nigeria, approximates Wagner’s hypothesis. In general, the results were in line with documented evidence from relevant studies such as the works of Al-Shatti (2014), Peter (2015) and Udoka and Anyingang (2015). It was
recommended that Government should make sure that fixed assets and recurrent expenditures are properly managed to accelerate economic growth through deliberate investment in educational sector. In addition, government should propagate efficiency in the allocation of resources on human development by encouraging more private sector participation to ensure productivity-intensive growth.
 

To cite this article:

Madaki, G. T., Jelilov, G. & Akyuz, M. (2020). Disaggregated Impact of Government Expenditure on Human Capital Development in Nigeria. The Journal of Middle East and North Africa Sciences, 6(12), 10-19]. (P-ISSN 2412- 9763) - (e-ISSN 2412-8937). www.jomenas.org

Keywords: Capital and Current Government Expenditure, Human Capital Development, Economic Growth. 

https://nebula.wsimg.com/b3ec68cd20b28d3ffc7259ff7309db4b?AccessKeyId=496D8DBA34323A04A464&disposition=0&alloworigin=1

Comments

Post a Comment

Popular posts from this blog

MA 08 INCLUSIVE GROWTH AND ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA

INCLUSIVE GROWTH AND ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA MURAT, Akyuz   Department of Business Administration Nile University of Nigeria murat . akyuz @nileuniversity.edu.ng Opusunju, Michael Isaac opusunjumike@gmail.com Department of Business Administration Nasarawa State University, Keffi JIYA, Ndalo Santeli Department of Business Administration Nile University of Nigeria jiyasant@yahoo.com Abstract The study examines the impact of inclusive growth on entrepreneurship development in Nigeria. The problem is that government of Nigeria put on successive plan for entrepreneurship development in Nigeria yet there is high rate of unemployment and poverty and low gross domestic product in Nigeria. The research design is historical research design. The study used secondary source of information from Central Bank of Nigeria and National Bureau of Statistics as well as the entire population of Nigeria. The population of this study is 17878 benef...
Read more

MA 57 Experiencing Malaria Earlier Aggravates the COVID-19 Symptoms

Experiencing Malaria Earlier Aggravates the COVID-19 Symptoms Senol Dane Murat Akyuz     ABSTRACT Introduction: In the present study, the effects of the frequency of experienced malaria and flu/cold on the symptom severity in patients with COVID-19 were investigated. Materials and Method: Subjects were those who experienced COVID-19 and recovered. Eighty-one subjects were included in the study. All of them were voluntarily to participate in this study (51 men and 30 women). Out of 81 cases, 48 were expat and 33 were Nigerian. Data was collected by using an online survey. The survey was shared by using social media. Results: The number of symptoms and overall symptom severity were higher in people with 2 or more malaria than in people with 1 or zero malaria in the last year. However, there is no difference between people with 2 or more flu and people with 1 or zero flu. Conclusion: These results show that to have malaria disease before aggravates COVID-19 symptoms. Therefore, i...
Read more

MA 43 Monetary Policy Instruments and Economic Growth in Nigeria; Realities

 Monetary Policy Instruments and Economic Growth in Nigeria; Realities Hussaini Dakasku 1 Gylych Jelilov 1 Abdurrahman Isik 1 Murat Akyuz 2   1 Department of Economics, Nile University of Nigeria, Abuja, Nigeria 2 Department of Business Administration, Nile University of Nigeria, Abuja, Nigeria Abstract.  This study empirically explored the impact of monetary policy instruments on economic growth in Nigeria from the period 1986 to 2018. Autoregressive distributed lag model (ARDL) was employed for the long run and short run dynamic relationship between each of the policy variables; Money supply, Interest rate and Exchange rate, and the target variable; Gross domestic product. The estimated long run model shows that log of money supply has a positive impact on the log of GDP, Exchange rate in its current period is inversely related to the target variable, while its one period lag positively impacts the target variable. Also, the Interest rate in its current value exerts a p...
Read more