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Human Capital, Technology, and Economic Growth

Evidence From Nigeria

Bibliographic Data

ID3373408
AuthorsChindo Sulaiman (0000-0002-4675-6466, Universiti Putra Malaysia, corresponding author), Umar Bala (0000-0001-5050-3675, Universiti Putra Malaysia), Bulama Abiso Tijani (Universiti Putra Malaysia), Salisu Ibrahim Waziri (Universiti Putra Malaysia), Ibrahim Kabiru Maji (0000-0001-8988-8357, Universiti Putra Malaysia)
Year2015
Volume5
Issue4
Publication date2015-10-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueSAGE Open (JOURNAL)
Journal identifiersISSN: 2158-2440 • E-ISSN: 2158-2440
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/2158244015615166
OpenAlexW2178356283
LanguageEN
Citations received8
References cited25

This article investigated the impact of human capital and technology on economic growth in Nigeria. We employed annual time series data for the period of 35 years (1975-2010) and applied autoregressive distributed lag approach to cointegration to examine the relationship between human capital, technology, and economic growth. Two proxies of human capital (secondary and tertiary school enrollments) were used in two separate models. The cointegration result revealed that all the variables in the two separate models were cointegrated. Furthermore, the results of the two estimated models showed that human capital in form in secondary and tertiary school enrollments have had significant positive impact on economic growth. More so, technology also shows significant positive impact on economic growth. In a nutshell, both human capital and technology are important determinants of growth in Nigeria. Therefore, improvement of the educational sector and more funding for research and development (R&D) to encourage innovations are needed to facilitate Nigeria's sustained economic growth

Autoregressive model · Classical economics · Cointegration · Distributed lag · Econometrics · Economic growth · Economics · Human capital · Macroeconomics · Statistics · Time series · Economic Growth and Development · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Mathematics

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Unique citing works8
Citations per year1.33
Citation span2020 - 2026 (7)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 7

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