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Government Expenditure on Human Capital Development: Implications for Economic Growth in Nigeria

机译:政府对人力资本发展的支出:对尼日利亚经济增长的影响

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This study examines the relationship between human capital development efforts of the Government and economic growth in Nigeria. It seeks to find out the impact of government recurrent and capital expenditures on education and health in Nigeria and their effect on economic growth. The data used for the study are from secondary sources while the augmented Solow model was also adopted. The dependent variable in the model is the level of real output while the explanatory variables are government capital and recurrent expenditures on education and health, gross fixed capital formation and the labour force. The result shows that there exists a positive relationship between government recurrent expenditure on human capital development and the level of real output, while capital expenditure is negatively related to the level of real output. The study recommends appropriate channeling of the nation’s capital expenditure on education and health to promote economic growth.
机译:本研究考察了政府的人力资本开发工作与尼日利亚经济增长之间的关系。它试图找出政府经常性和资本性支出对尼日利亚教育和卫生的影响及其对经济增长的影响。该研究使用的数据来自二级来源,同时还采用了增强的Solow模型。该模型的因变量是实际产出水平,而解释变量是政府资本以及教育和卫生,固定资本形成总额和劳动力的经常性支出。结果表明,政府用于人力资本开发的经常性支出与实际产出水平呈正相关,而资本支出与实际产出水平呈负相关。研究建议适当分配国家在教育和卫生方面的资本支出,以促进经济增长。

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