AN INPUT-OUTPUT ANALYSIS (I-O APPROACH) ON THE LINKAGES BETWEEN EDUCATION

ABSTRACT

This research empirically evaluates the linkages between education sector and other selected sectors in Nigeria economy. For decades no researcher have been able to substantially explain the linkages between the Education sector and other sectors of the Nigerian economy using the Input-Output (I-O) approach. This research examines and explains fully the linkages between Education sector which is the primary sector in this research and other selected sector in this research. Education sector is one of the main component in the other sectors. Education is essentially important in achieving a sustainable economic growth. Data used in carrying out this work was gotten from the Nigerian Bureau of Statistics for the year 2012, and computable general equilibrium was used to estimate the model and also to check out for the linkages between the primary sector in this research and the selected sectors. The findings shows that all the selected sectors of the research has both a weak forward and backward linkages between them and even within the primary sector itself except for the other sector in this context, that is, there is no significant backward or forward linkages between them. This paper therefore recommended that the selected sectors invest into education has it will improve the sectors and also government should put in place special officials to help compute reliable data.