Income and Schooling: Evidence from International Oil Price Shocks
Markus Brueckner and
Authors registered in the RePEc Author Service: Markus Brueckner ()
Journal of Human Capital, 2016, vol. 10, issue 2, 212 - 234
Whereas existing literature has documented strong correlations between national incomes and measures of schooling attainment, causality has been hard to pin down. In this paper we explore from an empirical perspective whether income windfalls cause schooling. We do so by focusing on within-country variation and exploiting variation in the international oil price multiplied by countries’ net export shares of oil in GDP as an instrument to extract exogenous variation in countries’ national incomes. We detect a significant positive effect of such income windfalls on various measures of schooling attainment, more so in poor countries.
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
Access to the online full text or PDF requires a subscription.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ucp:jhucap:doi:10.1086/686152
Access Statistics for this article
More articles in Journal of Human Capital from University of Chicago Press
Series data maintained by Journals Division ().