Redirigiendo al acceso original de articulo en 15 segundos...
ARTÍCULO
TITULO

Petro Rents and Higher Education: A Cross-country Examination

Shahin Javadi    
Mahmood Motevaseli    
Jahangir Yadolahi Farsi    

Resumen

This study provides an empirical investigation to test one of the transmission channels of resource curse, i.e. higher education. Our panel data analysis of 70 countries from 2006 to 2014 shows petro rents have a positive impact on the indicator of higher education and training in developed countries but petro rents have no statistically significant effect on the indicator of higher education and training in developing countries. We also find petro rents have a positive impact on the quality of education in both groups of countries but we find a negative and statistically significant association between petro rents and the quantity of higher education in developing countries which can explain resource curse. These findings are robust when we control for other major drivers of dependent variables, unobservable country- and time-fixed effects.Keywords: resource curse, oil rents, higher education, human capitalJEL Classifications: I25; O15; O13

 Artículos similares

       
 
Hülya Yilmaz,Bülent Ilhan     Pág. 26 - 38
This paper investigates the dynamic relationship between the stock market index and a set of macroeconomic variables in four emerging countries. The dependent variable measures monthly stock exchange points of respective markets from January 2010 to Marc... ver más

 
Ljiljana Bonic,Vesna Jankovic-Milic,Bojan Rupic     Pág. 053 - 067
Some balance sheet items are the result of judgments, including fair value estimates, so the relevant evidence is very complicated to collect by auditors, thus the risk of misstatements in financial statements is inevitably greater. The research objectiv... ver más

 
Laura Catalina Timiras    
European quality schemes used at Community level have the role of ensuring the legal protection of agri-food products and alcoholic beverages, thus having an important promotional role. Thus, consumers perceive the products whose names are protected by m... ver más

 
Helena Ahulu,John MacCarthy,Paul Muda     Pág. 11 - 18
This paper examines the effect of financial stability on the economic growth of countries in Sub-Saharan Africa using the World Development Indicators Data. To select the appropriate model best fits for the data, the Hausman test was used to select Rando... ver más

 
Crina Pungulescu     Pág. 29 - 40
This paper investigates whether small markets offer higher risk-adjusted expected returns using a large set of developed and emerging markets over a time span of up to four decades. The results show that expected returns are significantly lower in larger... ver más