Assessment of the Impact of Human Capital Development on Poverty Alleviation in Nigeria

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Assessment of the Impact of Human ........pdf (3.98 MB)

Date

2012-02-04

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Department Of Economics, Nasarawa State University, Keffi

Abstract

Poverty is a multi-dimensional phenomenon that affects many aspects of human condition ranging from physical to moral and psychological. There can be no significant reduction of it in any society without adequate human capital development. This paper therefore, attempts to assess the impact of human capital development on poverty alleviation in Nigeria between! 986 - 2010. It used time series data and employed multiple linear regressions model in its analysis. Ordinary Least Square (OLS) technique was used in estimating the model. An Eviews Statistical package and Cochrane-Orcutt method was employed in computation of the results. The results of the study revealed that human capital development has significant impact on reducing poverty in Nigeria within the period under review

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Keywords

Human Capital, Poverty, Cochrane-Orcutt, Education, Health

Citation

Allahdadi, F. and A. Aref. 2011. “Human Resource Development for Poverty Alleviation in Iran” Life Science Journal. 8(3). htt://www.lifesciencesite.com Aref, A. 2011. “Perceived Impact of Education on Poverty Reduction in Rural Areas of Iran” Life Science Journal 8(2). Awan M., N. Iqbal and M. Waqas 2011. “The Impact of Human Capital on Urban Poverty: The Case of Sargodha City” Journal of Sustainable Development. Vol.4 No.l, February. Awopegba, P.O. 2002. Human Resources, High Level Manpower and the Development of the Nigeria Economy. Cited in “Human Capital, Capabilities and Poverty in Rural Nigeria” by Olaniyan and Bankole (2005). Becker, G.S. 1962. “Investment in Human Capital: A Theoretical Analysis” Journal of Political Economy 70(5) Bello, R. and E.M. King, 1991 “ Promoting Girls and women’s education: Lessons from the past” Policy Research and External Affairs Working Papers. (WPS 715). Washington D.C: The World Bank. Gupta, S. B. Clements and E. Tiongson 1998. “Public Spending on Human Development” Finance and Development. 35(3): Septembers.

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https://keffi.nsuk.edu.ng/handle/20.500.14448/6507

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