Human Capital Development as a Catalyst for Economic Growth and Development in Nigeria 1986 2016

Human Capital Development as a Catalyst for Economic Growth and Development in Nigeria (1986 - 2016)

Project / Seminar Material
Reference ID: PS-8411-TM

DEDICATION

This research material titled “Human Capital Development as a Catalyst for Economic Growth and Development in Nigeria (1986 - 2016)” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Industrial Relations and Personnel Management (IRPM), Book Authors and Profound Scholars of existing or related project material on “Human Capital Development as a Catalyst for Economic Growth and Development in Nigeria (1986 - 2016)” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES

CHAPTER ONE

INTRODUCTION

    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • ⋮
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”

    ABSTRACT

    The study examines Human capital development and economic growth in Nigeria. A model was specified and data were collected from the period of 1986-2016. The method used in this research work is the error correction model (ECM) and variables are: real gross domestic product (RGDP) as the dependent variable while human capital development (LNHMC), labour force productivity (LNLFP), money supply (MS), and population (POP) are the independent variables and while only labour force productivity (LNLFP) was significant, human capital development (LNHMC), money supply (MS) and population (POP) were all insignificant. From the ECM result, the following findings were made.

    The estimate coefficients which are -0.058166 {LNHMC} shows that a 1 percent increase in human capital development will cause 5.9 percent decrease in GDP, 1.168297 {LNLFP} shows that a 1 percent increase in labour force productivity will cause an 116.8 per cent increase in GDP, 0.001167 {MS} shows that a 1 percent increase in money supply will cause 0.1 percent increase in GDP. 0.217250 {POP} shows that a 1 percent increase in population will cause 21.7 percent increase in GDP. I recommend that there should be policies

    Human Capital Development as a Catalyst for Economic Growth and Development in Nigeria (1986 - 2016)

    CHAPTER ONE

    1.1 Introduction

    … As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the Aim and Objectives of the study. Others are Significance of the study, Scope of work, Research hypothesis and questions, Limitation of the study and Definition of technical terms.

    …

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

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