International records / OpenAlex research

Human Capital Investment and Labour Force Participation in Nigeria

The study investigated the effect of human capital investment on labour force participation in Nigeria from 1990 to 2021. The study used Government Expenditure on Education, Government Expenditure on Health and Government Expenditure on Research and Development to proxy human capital investment as the independent variables while labour force participation rate was used as the dependent variable. Descriptive statistics, unit root test, vector error correction model test were employed to analyze the data. The study reveals that Government Expenditure on Education (XEDU) had a negative and signif…