Economic: Journal Economic and Business
Vol. 5 No. 2 (2026): ECONOMIC: Journal Economic and Business

Infrastructure and human capital development: an empirical analysis

Chinwendu Benedette Onugha (Nnamdi Azikiwe University)
Abimbola Oluwaseun Oladipo (Nnamdi Azikiwe University)



Article Info

Publish Date
30 Apr 2026

Abstract

For years, Nigeria has ranked low in human capital development, largely due to inadequate infrastructure that needs improvement. In light of this, this study empirically examines the impact of infrastructure on human capital development in Nigeria using data sourced from the World Bank's Development Indicators. The data covers the period 1999 to 2022, and the analysis uses the vector error correction mechanism (VECM) method. Findings indicate that water access and tax revenue have positive but insignificant impacts on HDI, while internet access and population growth have significant positive impacts. Conversely, electricity access has a negative and insignificant impact on human capital development in Nigeria. Therefore, this study recommends that the government provide adequate infrastructure facilities for the well-being of its citizens.

Copyrights © 2026






Journal Info

Abbrev

ejeb

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

ECONOMIC: Journal Economi and Business yang diterbitkan oleh Lembaga Riset Mutiara Akbar, Medan, Indonesia merupakan jurnal akses terbuka yang dapat digunakan sebagai media interaksi bagi seluruh cendikiawan di berbagai bidang Ekonomi dan Bisnis baik itu Karya Ilmiah kajian pustaka maupun ...