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Does Human Capital Investment Matter for Economic Resilience? Evidence from Nigeria’s Development Indicators

This study investigated the impact of human capital investment on economic resilience in Nigeria between 1990 and 2023. The data utilized were sourced from the secondary sources like Central Bank of Nigeria publications, and World Bank World Development Indicators (WDI). Government expenditure on education and health were used as proxies for human capital investment, while real GDP and the human development index (HDI) served as development indicators (economic resilience). A long-run relationship was found to exist between human capital investment variables and the economic development variab…

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    from https://iiardjournals.org/get/IJSSMR/VOL. 11 NO. 7 2025/DOES HUMAN CAPITAL INVESTMENT 206-218.pdf