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Resource curse for human development?

Author

Listed:
  • Youssouf Kiendrebeogo

    (International Monetary Fund)

  • Farrukh Iqbal

    (International Monetary Fund)

Abstract

Progress in child mortality reduction and education attainment varies widely among oil-rich countries. We investigate the sources of this variation for 14 oil-rich countries and find five main factors: public spending on health and education, economic growth, caloric sufficiency, initial levels of child mortality and education attainment, and population density. We find that conditional convergence explains much of the cross-country variation in the rate of decline in child mortality and the rate of increase in school enrollment. As for policy factors, the level of caloric sufficiency makes a difference, whereas the contribution of public spending is not as important.

Suggested Citation

  • Youssouf Kiendrebeogo & Farrukh Iqbal, 2022. "Resource curse for human development?," Economic Change and Restructuring, Springer, vol. 55(2), pages 1173-1206, May.
    • Handle: RePEc:kap:ecopln:v:55:y:2022:i:2:d:10.1007_s10644-021-09342-8
    DOI: 10.1007/s10644-021-09342-8
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