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Human capital and natural resource dependence

Dong-Hyeon Kim and Shu-Chin Lin

Structural Change and Economic Dynamics, 2017, vol. 40, issue C, 92-102

Abstract: 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)
Date: 2017
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Structural Change and Economic Dynamics is currently edited by F. Duchin, H. Hagemann, M. Landesmann, R. Scazzieri, A. Steenge and B. Verspagen

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