Economic Transformation and Human Development Index in Nigeria

Osaru, Ovenseri-Ogbomo Friday and Umoru, David (2017) Economic Transformation and Human Development Index in Nigeria. International Journal of Social Sciences and Educational Studies, 4 (1). pp. 72-81. ISSN 24091294

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Abstract

This research seeks to examine the impact of human development index (HDI) on economic transformation Nigeria. The paper adopted error correction mechanism to accentuate the dynamic paths of variables and aptitude of these variables to return to long-run equilibrium after a shock. From empirical results, it was found that HDI and school enrolment were most statistically significant in Nigerian growth equation. We thus recommend as a policy that emphasis human capital development in Nigeria most especially when the Nigerian nation is labor-intensive one.

Item Type: Article
Uncontrolled Keywords: Human Development Index, Economic Transformation, Endogenous Growth Model, Nigeria
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
Divisions: Ishik International Journal of Social Sciences & educational Studies > VOL 4, NO 1 (2017)
Depositing User: Depositor @ Ishik University
Date Deposited: 11 Mar 2018 08:26
Last Modified: 11 Mar 2018 08:26
URI: http://eprints.ishik.edu.iq/id/eprint/10

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