Browsing by Author "Osunde, Adams Alex"

Now showing 1 - 1 of 1
  • Thumbnail Image
    Item
    The distributive effect of human capital formation (via education) on welfare outcome in Nigeria
    (University of New Brunswick, 2023-12) Osunde, Adams Alex; Myatt, Anthony
    The issue of inequality remains a contentious issue, especially in developing economies, and Nigeria is no different. Using 2016 Nigeria GHS data, this research assesses the distributional effect of education on welfare outcomes and examine whether residing in a Nigerian state with oil wealth contributes to the variation in the welfare outcome of heads of households. This study uses the Ordinary Least Square (OLS) and Unconditional Quantile Regression (UQR) models as a technique of analysis, as well as the Gini-modified expenditure model in determining the extent to which education narrows welfare inequality. The findings of the study indicate that welfare disparity is influenced by education levels and that having higher and secondary education levels contributes significantly to determining welfare outcomes across expenditure distributions. This is further amplified by the results of the Gini model which reveals that education helps to narrow welfare inequality for household heads.