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African Population Studies
Union for African Population Studies
ISSN: 0850-5780
Vol. 32, No. S1, 2018, pp. 4088-4096
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Bioline Code: ep18021
Full paper language: English
Document type: Research Article
Document available free of charge
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African Population Studies, Vol. 32, No. S1, 2018, pp. 4088-4096
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Human capital development and inclusive growth: Implications for cchieving SDG-4 in Nigeria
Oluwadamilola, Oludumila; Akinyemi, Opeyemi & Adediran, Oluwasogo
Abstract
Background: This paper examines the relationship between human capital and inclusive growth and how it can be a viable tool for driving the achievement of the Goal-4 of the United Nations Sustainable Development Goals (SDGs). Additionally, the study show that the attainment of SDG Goal-4 can generate more inclusive type of growth through quality education (human capital development).
Methods: The study employed annual data from 1981-2015 from the National Statistical Bulletin (2015) and the World Development Indicators (2015). It uses the Error Correction Mechanism (ECM) and Johansen co-integration estimation techniques.
Findings: The result shows that human capital is statistically significant and has a long run relationship with the measure of inclusive growth.
Conclusion: The paper concluded that the tools indicated under the SDG-4 can help government produce a more inclusive growth through the channel of quality education, skill acquisition and human capital development.
Keywords
Human capital development; Inclusive growth; Sustainable development goals; education; Johansen co-integration
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