International Journal of Social Science & Economic Research
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Title:
THE EFFECT OF GOVERNMENT EXPENDITURE ON HEALTH AND EDUCATION ON HUMAN CAPITAL DEVELOPMENT IN NIGERIA. 1986-2020

Authors:
Enaboh Onazi

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Enaboh Onazi
Federal University of Lafia

MLA 8
Onazi, Enaboh. "THE EFFECT OF GOVERNMENT EXPENDITURE ON HEALTH AND EDUCATION ON HUMAN CAPITAL DEVELOPMENT IN NIGERIA. 1986-2020." Int. j. of Social Science and Economic Research, vol. 7, no. 9, Sept. 2022, pp. 3147-3166, doi.org/10.46609/IJSSER.2022.v07i09.025. Accessed Sept. 2022.
APA 6
Onazi, E. (2022, September). THE EFFECT OF GOVERNMENT EXPENDITURE ON HEALTH AND EDUCATION ON HUMAN CAPITAL DEVELOPMENT IN NIGERIA. 1986-2020. Int. j. of Social Science and Economic Research, 7(9), 3147-3166. Retrieved from https://doi.org/10.46609/IJSSER.2022.v07i09.025
Chicago
Onazi, Enaboh. "THE EFFECT OF GOVERNMENT EXPENDITURE ON HEALTH AND EDUCATION ON HUMAN CAPITAL DEVELOPMENT IN NIGERIA. 1986-2020." Int. j. of Social Science and Economic Research 7, no. 9 (September 2022), 3147-3166. Accessed September, 2022. https://doi.org/10.46609/IJSSER.2022.v07i09.025.

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ABSTRACT:
This paper evaluated the effect of government expenditure on health and education on human capital development in Nigeria. To achieve this. Vector Autoregressive (VAR) model, impulse response function was used to analyze the effect of government expenditure on health and education on human capital development in Nigeria using time series data from 1986 to 2018. The result revealed that government expenditure on education and health affected human capital development positively given its indices such as school enrollment rate, life expectancy rate and Literacy rate in Nigeria but government expenditure on education and health affected human capital development in Nigeria negatively through its index known as mortality rate. The study concludes that improvement in human capital development through increased government expenditure on education and government expenditure on health leads to increase in human capital development in Nigeria. However, human capital development measured by mortality rate leads to decline in human capital development in Nigeria. Therefore, the study recommends that government should ensure that expenditure on health as well as education is increased which will lead to a decline in mortality rate andin turn enhance human capital development towards achieving the desired level of economic growth in Nigeria.

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