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Human Capital Investment and School Enrolment in Nigeria and Ghana

Human Capital Investment and School Enrolment in Nigeria and Ghana

 

Abstract: This study investigated the impact of human capital investment on school enrolment in two selected anglophone West African countries over the period 1986 to 2013. Dynamic heterogeneous panel data techniques were employed to analyse data for the study. The findings reveal that education and health expenditure had significant impact on school enrolment in the selected countries (Nigeria and Ghana). The study concludes that the role of human capital in school enrolment in the selected countries is significant. A major recommendation is that government in these countries should increase investment in education and health to ensure increase in school enrolment.

JEL classification: I12, I22, I23

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