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Does Abundance of Natural Resources Impair Investments in Education? Case of Russian Regions

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  • Vasilyeva, O.

    (Amur State University, Economic Research Institute, Russain Academy of Science Far East Branch, Blagoveshchensk, Russia)

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    Abstract

    Using panel data for Russian regions in 2004–2009, I find some evidence that everything else (including per capita GDP) being equal natural resource abundance is associated with lower public spending on education in Russian regions. Meanwhile I don’t find any connection between the total (including private) spending on education and natural resources wealth.

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    File URL: http://www.econorus.org/repec/journl/2012-14-67-81r.pdf
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    Bibliographic Info

    Article provided by New Economic Association in its journal Journal of the New Economic Association.

    Volume (Year): 14 (2012)
    Issue (Month): 2 ()
    Pages: 67-81

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    Handle: RePEc:nea:journl:y:2012:i:14:p:67-81

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    Keywords: human capital; education; natural resource; natural resource curse;

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    1. Jean-Philippe C. Stijns, 2001. "Natural Resource Abundance and Human Capital Accumulation," Development and Comp Systems 0112001, EconWPA.
    2. James, Alex & Aadland, David, 2011. "The curse of natural resources: An empirical investigation of U.S. counties," Resource and Energy Economics, Elsevier, vol. 33(2), pages 440-453, May.
    3. Halvor Mehlum & Karl Moene & Ragnar Torvik, 2002. "Institutions and the resource curse," Development and Comp Systems 0210003, EconWPA.
    4. Corden, W Max & Neary, J Peter, 1982. "Booming Sector and De-Industrialisation in a Small Open Economy," Economic Journal, Royal Economic Society, vol. 92(368), pages 825-48, December.
    5. Gylfason, Thorvaldur, 2001. "Natural resources, education, and economic development," European Economic Review, Elsevier, vol. 45(4-6), pages 847-859, May.
    6. Michael Alexeev & Robert Conrad, 2009. "The Elusive Curse of Oil," The Review of Economics and Statistics, MIT Press, vol. 91(3), pages 586-598, August.
    7. Mishura, A., 2010. "Resource Dependence and Quality of Institutes in Russian Regions," Journal of the New Economic Association, New Economic Association, issue 6, pages 82-96.
    8. Papyrakis, Elissaios & Gerlagh, Reyer, 2007. "Resource abundance and economic growth in the United States," European Economic Review, Elsevier, vol. 51(4), pages 1011-1039, May.
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