 Human Capital, Technology, and Economic GrowthChindo Sulaiman, Umar Bala, Bulama Abiso Tijani, Salisu Ibrahim Waziri and Ibrahim Kabiru Maji SAGE Open, 2015, vol. 5, issue 4, 2158244015615166 Abstract: 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. Keywords: human capital; technology; economic growth; secondary school enrollment; tertiary school enrollment (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:sae:sagope:v:5:y:2015:i:4:p:2158244015615166 Access Statistics for this article More articles in SAGE Open |
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