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- W2557533483 abstract "The study presents both theoretical and empirical evidence on the education economic growth nexus in Nigeria for the period of 1980 to 2006 period. The Solow augmented Mankiw-Romer-Weil model was used as a basis for the study. The general form of the production functions incorporated both variables for qualitative and quantitative education. The analytical tools employed includes the Augmented Dickey-Fuller (ADF) tests, in which the variables of human capital, gross fixed capital formulation, labor force, pupil-teacher ratio at the primary schools and student-teacher ratio at the secondary schools were found to be stationary at the first difference. The result of the Johasen Contigration test, show that there exist a long run equilibrium relationship in the model. The result of the regression equation shows that all the independent variables are well behaved except the student-teacher ratio at the secondary school which shows a negative sign. The Granger Causality tests results shows that there is a bidirectional causality from output to labor force proxy by secondary school enrolment and a unidirectional causality running from (i) pupil-teacher ratio to labor force, (ii) from gross capital formation and human capital (in) from labor force to gross fixed capital formation." @default.
- W2557533483 created "2016-12-08" @default.
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- W2557533483 date "2011-01-01" @default.
- W2557533483 modified "2023-09-24" @default.
- W2557533483 title "EDUCATION AND THE EMPIRICS OF ECONOMIC GROWTH IN NIGERIA 1980-2006" @default.
- W2557533483 hasPublicationYear "2011" @default.
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