Purpose

The study examines the dynamic interrelationships among the school enrolment rates and the rate of employment (via unemployment rates) in Nigeria.

Design/methodology/approach

The study employed Autoregressive estimates and an unrestricted VAR approach to analyze these relationships.

Findings

The study lends credence to the new-growth theory (i.e. endogenous models) that more investments in human capital, through education especially at higher levels, will allow human capital to evolve dynamically to increase long-run growth positively in Nigeria. This tendency engenders multiplier effects in stimulating sustainable human capital development given that education-driven growth facilitates employment in the short-run. However, to sufficiently sustain human capital development to generate employment in the long-run, it appears there is need to combine education with other cooperant factors such as social safety nets, good governance, private sector development and efficient utilization of human and physical resources.

Originality/value

The growth literature has been definitive on the role of human capital in achieving long-run economic growth. Therefore, investments in education have been identified as a vital channel for building human capital and achieving long run development objectives. Thus, in the nascent quest for sustainable development, this study takes the new growth theory a step higher by examining the modulating effects of education-driven growth (i.e. via school enrolments rates) in setting the pace for employment patterns in Nigeria.

中文翻译：

---

教育入学率与就业率：对尼日利亚可持续人力资本发展的影响

目的

该研究考察了尼日利亚学校入学率与就业率（通过失业率）之间的动态相互关系。

设计/方法/方法

该研究采用自回归估计和无限制的VAR方法来分析这些关系。

发现

该研究为新增长理论（即内生模型）提供了证明，即通过教育，特别是在较高水平的教育，对人力资本的更多投资将使人力资本动态发展，从而积极地促进尼日利亚的长期增长。鉴于教育驱动的增长在短期内促进了就业，这种趋势在刺激可持续的人力资本发展方面产生了乘数效应。然而，为了长期长期充分维持人力资本发展以创造就业机会，看来有必要将教育与其他合作因素结合起来，例如社会安全网，善治，私营部门发展以及有效利用人力和物力。

创意/价值

增长文献对人力资本在实现长期经济增长中的作用具有权威性。因此，已经将教育投资确定为建立人力资本和实现长期发展目标的重要渠道。因此，在对可持续发展的新生追求中，本研究通过研究教育驱动的增长（即通过入学率）在设定尼日利亚就业模式的步伐方面的调节作用，使新的增长理论更上一层楼。