Education enrolment rate vs employment rate: Implications for sustainable human capital development in Nigeria

Adejumo, Oluwabunmi O.; Asongu, Simplice A.; Adejumo, Akintoye Victor

doi:10.1016/j.ijedudev.2021.102385

Cited by 41 publications

(42 citation statements)

References 51 publications

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“…According to DCCE estimation, human capital reduces unemployment in overall and higher-income OIC countries, which indicates that human capital in the form of the extra year of schooling and returns to education reduces unemployment in these economies. This outcome is coherent with the findings of Qazi et al (2017) and Adejumo et al (2021). However, for lower-income OIC economies, human capital has a positive and insignificant association with unemployment in the short run, which turns into a positive and significant relationship in the long run.…”

Section: Resultssupporting

confidence: 89%

“…This outcome is coherent with the empirical work of Falkinger and Grossman (2001), who observed that a shift to technologies with greater skill needs clearly causes an increase in the unemployment of low-skilled labor. On the other hand, according to PMG estimation, human capital significantly reduced unemployment in all groups of OIC countries, according to the results of Qazi et al (2017) and Adejumo et al (2021).…”

Section: Resultsmentioning

confidence: 94%

“…Similarly, Ali et al (2021) observed that education level had a positive association with female labor force participation. In another study, Adejumo et al (2021) also observed that human capital reduced unemployment. Hu et al (2009) and Auer (2015), in their empirical studies, included human capital in the extended Heckscher-Ohlin model and observed that various levels of skilled labor had different effects on the productivity of labor.…”

Section: Literature Reviewmentioning

confidence: 82%

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Impact of trade openness, human capital, public expenditure and institutional performance on unemployment: evidence from OIC countries

Ali

Yusop

Kaliappan

et al. 2021

IJM

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Purpose This study examines the impact of trade openness, human capital, public expenditure and institutional performance on unemployment in various income groups of Organization of Islamic Cooperation (OIC) countries. Design/methodology/approach Traditional panel data methodologies neglect the issue of cross-sectional dependence and provide ambiguous outcomes. A novel approach, “dynamic common correlated effects (DCCE)”, is utilized in this study to tackle with aforementioned issue. Pooled mean group (PMG) estimation is also applied to verify the robustness of the findings. Findings The long-run estimates show that trade openness has a significant and negative relationship with the unemployment rate in overall and lower-income OIC economies and a positive correlation with unemployment in higher-income OIC countries. Public expenditure is negatively and significantly correlated with unemployment in higher-income and overall OIC economies. Moreover, human capital reduces unemployment in higher-income and overall OIC countries while increases unemployment in lower-income OIC economies. Practical implications The research tends to endorse the argument for continuous trade openness policy along with efficient use of public expenditure and improved institutional performance to reduce unemployment in OIC countries. Originality/value The DCCE approach in this research considers heterogeneity and cross-sectional dependence between cross-sectional units and thus gives robust outcomes.

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Section: Resultssupporting

confidence: 89%

Section: Resultsmentioning

confidence: 94%

Section: Literature Reviewmentioning

confidence: 82%

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Impact of trade openness, human capital, public expenditure and institutional performance on unemployment: evidence from OIC countries

Ali

Yusop

Kaliappan

et al. 2021

IJM

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“…The formation of human capital is one of the main conditions for economic growth in the region and becomes its competitive advantage, as high quality development of abilities and skills of the population allows the region to successfully adapt to modern economic conditions, realize innovation potential and become more competitive (Xing et al, 2021;You et al, 2021). One of the important features of human capital is knowledge and competencies which each person accumulates during education and which he/she later uses in his/her work activity (Adejumo et al, 2021;Zakirova et al, 2019a). As a result, one of the most important aspects of human capital is its ability to be gathered, utilised, and converted into economic capital.…”

Section: Introductionmentioning

confidence: 99%

Improving The Process Of Human Capital Formation In The Regions Of Russia

Zakirov¹

2022

European Proceedings of Social and Behavioural Sciences

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The goal of the study is to determine the degree of human capital development in the regions of the Russian Federation's Volga Federal District (VFD) and to create recommendations for enhancing the human capital building process. The following tasks were assigned and completed in order to fulfil the research goal: the characteristics of the region's human capital creation were investigated; the techniques for measuring the region's degree of human capital development were examined; human capital in the Russian areas was assessed; prospects for human capital development in the examined topics of the Volga Federal District of the Russian Federation were disclosed; and corresponding suggestions were developed. The period 2015-2019 was examined for analyzing the degree of human capital development of the regions, and the author's technique for measuring regional human capital was employed. The Republic of Tatarstan was identified as the leading subject by the level of human capital development for all five years. Furthermore, recommendations were given to improve the production and development of human capital in the areas. These programs aim to boost the birth rate and natural population increase, lower mortality and morbidity, improve the efficiency of pre-school, general, secondary vocational, and higher education, raise the educational level of the employed people, and expand the cultural sphere.

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“…Education is a central need variable in the country's development, and Indonesia is no exception (Alam et al, 2020;Adejumo et al, 2021). Education can reduce the fragility of the state and promote a stable regime under certain conditions (Tendetnik et al, 2018).…”

Section: Introductionmentioning

confidence: 99%

Analysis of Individual Factors in Improving Knowledge Sharing: Case Study of Accounting Education Students

Sumaryati¹,

Romadhoni²,

Muchsini³

et al. 2022

JCT

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Education is a long-term investment in human resources for the survival of human civilisation in the world. Advances in technology can be used as a supporting tool in the learning process. However, the technology used can be influenced by individual and organisational factors in its use. This study aims to determine individual, organisational and technological factors in the student knowledge sharing process. This study uses a quantitative approach with a descriptive survey design method. Respondents in this study were students of the Accounting Education, Universitas Sebelas Maret class 2018-2020, with 149 students. The indicators used in the measurement are individual factors (self-efficacy, willingness to share, and reciprocal rules), organisational factors (lecturer support and competitiveness), and technological factors (availability of technology and use of technology). The data analysis method uses the SEM model. The study results show that individual and technology factors affect the knowledge-sharing process, and the organisation does not affect the knowledge-sharing process.

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Education enrolment rate vs employment rate: Implications for sustainable human capital development in Nigeria

Cited by 41 publications

References 51 publications

Impact of trade openness, human capital, public expenditure and institutional performance on unemployment: evidence from OIC countries

Impact of trade openness, human capital, public expenditure and institutional performance on unemployment: evidence from OIC countries

Improving The Process Of Human Capital Formation In The Regions Of Russia

Analysis of Individual Factors in Improving Knowledge Sharing: Case Study of Accounting Education Students

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