Natural resource dependence, public education investment, and human capital accumulation
Abstract This paper examines the relationships between natural resource dependence, public education investment, and human capital accumulation. It addresses why the “blessing” of abundant natural resources often turns into a “curse” in many countries and regions, focusing on the crowding-out effect...
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doaj-35dc803b14eb4f289f10dcdd34853ea02020-11-25T01:09:28ZengSpringerOpenPetroleum Science1672-51071995-82262018-06-0115365766510.1007/s12182-018-0235-0Natural resource dependence, public education investment, and human capital accumulationHua-Ping Sun0Wei-Feng Sun1Yong Geng2Yu-Sheng Kong3Institute of Industrial Economics, Jiangsu UniversityDepartment of Economics and Management, Yuncheng UniversityInstitute of Industrial Economics, Jiangsu UniversityInstitute of Industrial Economics, Jiangsu UniversityAbstract This paper examines the relationships between natural resource dependence, public education investment, and human capital accumulation. It addresses why the “blessing” of abundant natural resources often turns into a “curse” in many countries and regions, focusing on the crowding-out effect of natural resources on human capital. According to our empirical analysis of provincial panel data from China, natural resource dependence is significantly and negatively correlated with human capital accumulation. The crowding-out effect of natural resources on human capital exists only in the central and western regions of China. Our introduction of an interaction term for natural resource dependence and public education investment underscores the possibility of investing in public education to reduce the crowding-out effect of natural resource dependence on human capital. The government should utilize the income of the natural resource sector to increase investment in education to enhance local human capital.http://link.springer.com/article/10.1007/s12182-018-0235-0Natural resource dependencePublic education investmentHuman capital accumulationResource curse |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Hua-Ping Sun Wei-Feng Sun Yong Geng Yu-Sheng Kong |
spellingShingle |
Hua-Ping Sun Wei-Feng Sun Yong Geng Yu-Sheng Kong Natural resource dependence, public education investment, and human capital accumulation Petroleum Science Natural resource dependence Public education investment Human capital accumulation Resource curse |
author_facet |
Hua-Ping Sun Wei-Feng Sun Yong Geng Yu-Sheng Kong |
author_sort |
Hua-Ping Sun |
title |
Natural resource dependence, public education investment, and human capital accumulation |
title_short |
Natural resource dependence, public education investment, and human capital accumulation |
title_full |
Natural resource dependence, public education investment, and human capital accumulation |
title_fullStr |
Natural resource dependence, public education investment, and human capital accumulation |
title_full_unstemmed |
Natural resource dependence, public education investment, and human capital accumulation |
title_sort |
natural resource dependence, public education investment, and human capital accumulation |
publisher |
SpringerOpen |
series |
Petroleum Science |
issn |
1672-5107 1995-8226 |
publishDate |
2018-06-01 |
description |
Abstract This paper examines the relationships between natural resource dependence, public education investment, and human capital accumulation. It addresses why the “blessing” of abundant natural resources often turns into a “curse” in many countries and regions, focusing on the crowding-out effect of natural resources on human capital. According to our empirical analysis of provincial panel data from China, natural resource dependence is significantly and negatively correlated with human capital accumulation. The crowding-out effect of natural resources on human capital exists only in the central and western regions of China. Our introduction of an interaction term for natural resource dependence and public education investment underscores the possibility of investing in public education to reduce the crowding-out effect of natural resource dependence on human capital. The government should utilize the income of the natural resource sector to increase investment in education to enhance local human capital. |
topic |
Natural resource dependence Public education investment Human capital accumulation Resource curse |
url |
http://link.springer.com/article/10.1007/s12182-018-0235-0 |
work_keys_str_mv |
AT huapingsun naturalresourcedependencepubliceducationinvestmentandhumancapitalaccumulation AT weifengsun naturalresourcedependencepubliceducationinvestmentandhumancapitalaccumulation AT yonggeng naturalresourcedependencepubliceducationinvestmentandhumancapitalaccumulation AT yushengkong naturalresourcedependencepubliceducationinvestmentandhumancapitalaccumulation |
_version_ |
1725178581617737728 |