Analysis of ICT, Power Supply and Human Capital Development in Nigeria as an Emerging Market Economy

Orji Anthony (), Ogbuabor Jonathan E. (), Onyinye Anthony-Orji, Okoro Chinonso () and Osondu Daniel ()
Additional contact information
Orji Anthony: Department of Economics, University of Nigeria, Nsukka
Ogbuabor Jonathan E.: Department of Economics, University of Nigeria, Nsukka
Okoro Chinonso: Department of Psychology, University of Nigeria, Nsukka
Osondu Daniel: University of Nigeria,Nsukka
Authors registered in the RePEc Author Service: Anthony Orji

Studia Universitatis „Vasile Goldis” Arad – Economics Series, 2020, vol. 30, issue 4, 55-68

Abstract: This paper analyzed the impact of information and communication technology (ICT) and power supply on human capital development in Nigeria as an emerging market economy. The study adopted the Classical Linear Regression Model for the empirical analysis. The result showed that ICT, power supply (proxied by electricity consumption) and population impact positively on human capital development, while infant mortality has a negative impact on human capital development in Nigeria. The impact of ICT on school enrolment suggests that technology is fast evolving and new technologies are preferred to old ones. The study, therefore, recommended that Nigeria should follow in the trend of ICT globally in harnessing her human capital endowments. In conclusion, the Nigerian government should harness her ICT and electric power potentials and develop the human capital available to her to prevent the emigration of her human resource endowment to more resilient and promising economies.

Keywords: Information and Communication Technology; Power Supply; Human Capital (search for similar items in EconPapers)
JEL-codes: D83 E24 J24 L94 L96 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
https://doi.org/10.2478/sues-2020-0024 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:suvges:v:30:y:2020:i:4:p:55-68:n:3

DOI: 10.2478/sues-2020-0024

Access Statistics for this article

Studia Universitatis „Vasile Goldis” Arad – Economics Series is currently edited by Florin Cornel Dumiter

More articles in Studia Universitatis „Vasile Goldis” Arad – Economics Series from Sciendo
Bibliographic data for series maintained by Peter Golla ().