Investment in Human Capital through Institutions of Higher Education for the Revival of Kenya's Economy
Wawire, N. H. W.
Nafukho, F. M.
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Despite economic theory postulating that increases in investment in human capital and physical capital leads to increase in economic growth, in the Kenyan case, this has not been true. This paper empirically examines the contribution of human capital and physical capital to economic growth in Kenya. Measures to be undertaken by higher education institutions in revamping Kenya's real economic growth by investing in human resource development are recommended.