Fertility and the oil curse

Dong-Hyeon Kim () and Shu-Chin Lin ()
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Dong-Hyeon Kim: Korea University
Shu-Chin Lin: SungKyunKwan University

Empirical Economics, 2024, vol. 67, issue 2, No 1, 416 pages

Abstract: Abstract The paper empirically investigates whether oil abundance affects fertility in a panel of developing and developed countries for 1970–2020. The exploration sheds light into why poor developing economies rich in natural resources such as Sub-Saharan African countries have stagnated with high fertility. It finds that fertility rises once oil abundance crosses a threshold level, below which fertility drops, controlling for oil volatility and per-capita GDP. The effect operates in part through women empowerment proxied by female’s labor supply and education. It is also found that oil volatility raises fertility. Besides, we observe a reversal of fertility decline once income reaches a certain level.

Keywords: Oil; Oil volatility; Fertility; Women empowerment; Economic development (search for similar items in EconPapers)
JEL-codes: J13 Q32 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s00181-024-02570-7

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