Human capital and natural resource dependence
Dong-Hyeon Kim and
Structural Change and Economic Dynamics, 2017, vol. 40, issue C, 92-102
This paper offers an evaluation of the contribution of natural resource dependence to human capital. Two aspects of human capital are examined: education and health. Using a panel time series approach and a large cross-country dataset, it finds that natural resource dependence improves education but worsens health. It is also found that agricultural exports lower education and health whereas non-agricultural primary exports promote both. Finally, large differences in the relationships are detected across countries, depending upon a country’s economic and sociopolitical institutions.
Keywords: Education; Health; Natural resource dependence; Heterogeneous panels (search for similar items in EconPapers)
JEL-codes: O13 O15 Q33 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:40:y:2017:i:c:p:92-102
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