References
- Abdulla, K. (2021). Corrosive effects of corruption on human capital and aggregate productivity. Kyklos, 74(4), 445–462.
- Absalyamova, S., Absalyamov, T., Khusnullova, A., & Mukhametgalieva, C. (2016). The impact of corruption on the sustainable development of human capital. Journal of Physics: Conference Series, 738(1), 012009. DOI: 10.1088/1742-6596/738/1/012009
- Acemoglu D. (2005). Politics and economics in weak and strong states. Journal of Monetary Economics, 52, 1199–1226
- Acemoglu, D., Gallego, F., & Robbison, J. A. (2014). Institutions, human capital, and development. Annual Review of Economics, 6(1), 875–912
- Acemoglu, D., Naidu, S., Restrepo, P., & Robinson, J. A. (2019). Democracy does cause growth. Journal of Political Economy, 127(1), 47–100.
- Ahmad, R., Bashir, F. & Hussain, A. (2018). Human capital, governance, and poverty reduction: A panel data analysis. Review of Economics and Development Studies, 4(1), 103–113.
- Akcay, S. (2016). Corruption and human development. Cato Journal, 26(1), 29–48
- Akpomuvie, O. B. (2010). Poverty, access to health care services and human capital development in Nigeria. African Research Review, 4(3a), 41–55.
- Asongu, S. A., & Kodila-Tedika, O. (2017). Institutions and poverty: A critical comment based on evolving currents and debates. Social Indicators Research, 139(1), 99–117.
- Barro, R. J. (1998). Human capital and growth in cross-country regressions. Harvard University, 1–56. https://citeseerx.ist.psu.edu/document?repid.
- Balcerzak, A.P., Pietrzak, M.B. (2017). Human Development and Quality of Institutions in Highly Developed Countries. In: Bilgin, M., Danis, H., Demir, E., Can, U. (eds) Financial Environment and Business Development. Eurasian Studies in Business and Economics, 4. https://doi.org/10.1007/978-3-319-39919-5_18
- Becker, G. S. (1962). Investment in human capital: A theoretical analysis. Journal of political Economy, 70(5, Part 2), 9–49.
- Becker, G. S. (2010). Human capital and poverty. Religion and Liberty, 8(1), July https://www.acton.org
- Bekana, D. M. (2019). Political institutions, human capital, and innovation: evidence from sub-Saharan Africa. Democratization, 26(4), 666–708.
- Bhattacharyya, S. (2009). Unbundled institutions, human capital and growth. Journal of Comparative Economics, 37, 106–120. https://doi.org/10.1016/j.ce.2008.08.001.
- Brown, D. S. (1999). Reading, writing and regime type: Democracy’s impact on primary school enrollment. Political Research Quarterly, 52(4), 681–707
- Brown, D. S., & Hunter, W. (2004). Democracy and human capital formation: Education spending in Latin America, 1980–1997. Comparative Political Studies, 37(7), 842–864
- Butkiewicz, J. L., & Yanikkaya, H. (2006). Institutional quality and economic growth: Maintenance of the rule of law or democratic institutions, or both? Economic Modelling, 23(4), 648–661.
- Chiekezie, O. M., Nzewi, N. H., & Emejulu, G. A. (2016). Corruption is a major challenge to human capital development in Nigeria. International Journal of Management and Economics Invention, 2(6), 632–631.
- Chong, A., & Calderon, C. (2000a). Causality and feedback between institutional measures and economic growth. Economics & Politics, 12(1), 69–81.
- Chong, A., & Calderon, C. (2000b). Institutional quality and poverty measures in a cross-section of countries. Economics of Governance, 1, 123–135.
- Coccia, M. (2021). How a good governance of institutions reduces poverty and inequality in society? Legal-Economic Institutions, Entrepreneurship, and Management: Perspectives on the Dynamics of Institutional Change from Emerging Markets, 65–94.
- Danta, S., & Rath, B. N. (2024). Do institutional quality and human capital matter for innovation in the case of the Asian region? Innovation and Green Development, 3(3), 100141, 1–9.
- De Silva, I., & Sumarto, S. (2014). Dynamics of Growth, Poverty and Human Capital: Evidence from Indonesian Sub-National Data. Journal of Economic Development, 40(2), 1–48
- De Muro, P., & Tridico, P. (2008). The role of institutions for human development. In HDCA Conference, New Delhi, September. https://www.researchgate.net/profile/Pasquale-De-Muro/publication/228430665_The_role_of_institutions_for_humna_development/linkk.
- Dias, J., & Tebaldi, E. (2012). Institutions, human capital, and growth: The institutional mechanism. Structural Change and Economic Dynamics, 23, 300–312.
- Ejuvbekpokpo, S., & Hassan, S. (2019). Impact of Institutional Quality on Educational Attainment: A Case of Low-Income SSA Countries. Canadian Social Science, 15(9), 19–24.
- Emara, A. M. (2020). The impact of corruption on human development in Egypt. Asian Economic and Financial Review, 10(5), 574–589.
- Fagbemi, F., Osinubi, T. T., Nzeribe, G. E., & Bankole, T. O. (2022). Human Capital Development Challenge: Why Corruption Eradication is a Panacea in Nigeria. Journal of Development Policy and Practice, 7(2), 180–205.
- Faria, H. J., Montesinos-Yufa, H. M., Morales, D. R., & Navarro, C. E. (2016). Unbundling the roles of human capital and institutions in economic development. European Journal of Political Economy, 45, 108–128. https://doi.org/10.1016/j.ejpoleco.2016.08.001.
- Feenstra, R. C., Inklaar, R., & Timmer, M. P. (2015). The next generation of the Penn World Table. American Economic Review, 105(10), 3150-82.
- Fomba, B. K., Talla, D. N. D. F., & Ningaye, P. (2023). Institutional quality and education quality in developing countries: Effects and transmission channels. Journal of the Knowledge Economy, 14(1), 86–115.
- Glaeser, E. L., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2004). Do institutions cause growth? Journal of Economic Growth, 9(4), 271–303. https://doi.org/10.1023/B:JOEG.0000038933.16398.ed.
- Githaiga, P. N., & Kilong’i, A. W. (2023). Foreign capital flow, institutional quality and human capital development in sub-Saharan Africa. Cogent Economics & Finance, 11(1), 2162689. https://doi.org/10.1080/23322039.2022.2162689
- Hall, J. C., Sobel, R. S., & Crowley, G. R. (2010). Institutions, capital, and growth. Southern Economic Journal, 77(2), 385–405.
- Hoa, T. T. (2020). The effects of corruption on the human capital accumulation process: Evidence from Vietnam. Economics of Transition and Institutional Change, 28(1), 69–88. DOI: 10.1111/ecot.12229.
- Holt, S. L. (1991). The role of institutions in poverty reduction: A focus on the productive sectors. Policy Research Working Paper Series, 627. The World Bank, World Development Report
- Human Development Report. (2022). New York: United Nations Development Programme. Available at: http://hdr.undp.org/
- International Country Risk Guide (ICRG) Researchers, 2013, “International Country Risk Guide (ICRG) Researchers Dataset, Harvard Dataverse. https://doi.org/10.7910/DVN/4YHTPU.
- Ifejika, S. I. (2017). The challenges of human capital development in Nigeria: a theoretical insight. Humanities, Arts and Social Sciences Studies, 17(2), 41–74.
- Jindra, C., & Vaz, A. (2019). Good governance and multidimensional poverty: A comparative analysis of 71 countries. Governance, 32(4), 657–675.
- Joseph-Raji, G. A., & Timmis, E. (2018). Investing in Human Capital for Nigeria’s Future: Nigeria Biannual Economic Update. The World Bank Group. Retrieved from http://www.worldbank.org/en/country/nigeria
- Khan, R. E.A., & Naeem, H. M. (2020). Corruption, income inequality and human resources development in developing economies. Asian Journal of Economic Modelling, 8(4), 248–259.
- Lawal, I. (2021, October 28). Despite promises, FG’s budgetary allocations to education remain low. The Guardian Newspaper. https://guardian.ng/features/education
- Muhammad, A., Egbetokun, A., & Memon, M. H. (2015). Human capital and economic growth: The role of governance. The Pakistan Development Review, 529–548.
- National Bureau of Statistics (2020, May). 2019 Poverty and Inequality in Nigeria: Executive summary. www.https://nigeriastat.gov.ng
- National Bureau of Statistics (2022, November 17). Nigeria launches its most extensive national measure of multidimensional poverty. Press Release. www.https://nigeriastat.gov.ng
- Nawaz, S., Iqbal, N., & Khan, M. A. (2014). The impact of institutional quality on economic growth: Panel evidence. The Pakistan Development Review, 15–31.
- North, D. C. (1991). Institutions. Journal of Economic Perspectives, 5(1), 97–112.
- Norton, S. W. (2003). Economic institutions and human well-being: A cross-national analysis. Eastern Economic Journal, 29(1), 23–40.
- Norton, S. W. (2010). Human capital, institutions and world poverty. Retrieved from https://extranet.sioe.org/uploads/isnie2010/norton1.pdf
- Nwokoye, E. S., Onugha, C. B., & Kalu, C. U. (2020). Drivers of human capital development: Evidence from Nigeria. Timisoara Journal of Economics and Business, 13(1), 15–30.
- Okunmadewa, F., Olaniyan, O., Yusuf, S. A., Bankole, A. S., Oyeranti, O. A., Omonona, B. T., & Kolawole, K. (2005). Human capital, institutions and poverty in rural Nigeria. Report submitted to African Economic Research Consortium, Nairobi, Kenya.
- Olopade, B. C., Okodua, H., Oladosun, M., & Asaleye, A. J. (2019). Human capital and poverty reduction in OPEC member-countries. Heliyon, 5(8), e02279. https://doi.org/10.1016/j.heliyon.2019.e02279
- Omotoye, O. O., Zaccheaus, O. O., & Olumide, O. O. (2021). Corruption practices and government effectiveness on human capital development in Nigeria. Global Journal of Sociology, 11(2), 88–97.
- Ouedraogo, I., Tabi, H. N., Ondoa, H. A., & Jiya, A. N. (2022). Institutional quality and human capital development in Africa. Economic Systems, 46(1), 100937. https://doi.org/10.1016/j.ecosys.2021.100937.
- Pesaran, M. H., Shin, Y., & Smith, R. J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289–326.
- Prasetyo, P. E., & Kistanti, N. R. (2020). Human capital, institutional economics, and entrepreneurship as a driver for quality & sustainable economic growth. Entrepreneurship and Sustainability Issues, 7(4), 2575–2589
- Sen, A. (1984). The living standard. Oxford Economic Papers, 36, 74–90.
- Schultz, T. W. (1961). Investment in human capital. The American Economic Review, 51(1), 1–17.
- Shuaibu, M., & Oladayo, P. T. (2016). Determinants of human capital development in Africa: A panel data analysis. Oeconomia Copernicana, 7(4), 523-549.
- Son, H. H. (2010). Human capital development. Asian Development Review, 27(2), 29–56.
- Stryzhak, O., Tupa, M., & Rodzik, J. (2022). Relationship between the level of human development and institutional quality. Economics & Sociology, 15(2), 274–295.
- Suleimon, Q. (2022, November 11). 2023 Budget: Buhari proposes more money for education, but allocation is still below UNESCO’s recommendation. The Premium Times. https://www.premiumtimesng.com/news/564746
- Takahashi, K., & Otsuka, K. (2008). Human capital investment and poverty reduction over generations: A case from the rural Philippines, 1979–2003. In Rural Poverty and Income Dynamics in Asia and Africa (pp. 71-92). Routledge.
- Tebaldi, E., & Mohan, R. (2010). Institutions and poverty. The Journal of Development Studies, 46(6), 1047–1066.
- Tran, N. A. (2008). Corruption and human development. Development and Policies Research Center (DEPOCEN), Vietnam, Working Paper, 7. http://veam.org/wp-content/uploads/2016/06/2009_corruption_and_human_development-policy_journal_tranngocanh.pdf
- Tridico, P. (2005). Institutional change and human development in transition economies. Università degli studi Roma Tre. Working Paper, 59.
- Tridico, P. (2007). Institutions, human development and economic growth in transition economies. The European Journal of Development Research, 19(4), 569–593. https://doi.org/10.1080/0957881071667607.
- Uberti, L. J., & Knutsen, C. H. (2021). Institutions, human capital and economic growth. In Douarin, E., Havrylyshyn, O. (eds) The Palgrave Handbook of Comparative Economics, Palgrave Macmillan, Cham, 461–492. https://doi.org/10.1007/978-3-030-50888-3_18.
- Uddin, M. A., Ali, M. H., & Masih, M. (2021). Institutions, human capital and economic growth in developing countries. Studies in Economics and Finance, 38(2), 361–383.
- United Nations Economic and Social Commission for Western Asia (2021). Institutions and human development: A panel Granger causality analysis. United Nations. Beirut. http://www.unescwa.org
- Weisbrod, B. A. (1962). Education and investment in human capital. Journal of political Economy, 70(5, Part 2), 106–123.
- Wong, A. & Gomes, R. (2014). Corruption in modern-day Africa: A possible remedy. The Journal of Pan African Studies, 7(3), 77–114.
- Worldwide Governance Indicators (2022), World Bank. http://www.govindicators.org
- World Bank (2006). Where is the wealth of nations? Measuring capital for the 21st century. The World Bank Publication. https://elibrary.worldbank.org
- World Bank (2018). Building human capital. The World Bank Group. https://elibrary.worlbank.org/10.1596/978-1-4648-1328-3_ch3
- Yaroson, E. V., Esew, N. G., & Abdul-Qadir, A. B. (2017). Human capital development in Nigeria: An empirical assessment on the impact of corruption. African Journal of Economic and Sustainable Development, 6(1), 86–103