当前位置: X-MOL 学术Pet. Sci. › 论文详情
Our official English website, www.x-mol.net, welcomes your feedback! (Note: you will need to create a separate account there.)
Natural resource dependence, public education investment, and human capital accumulation.
Petroleum Science ( IF 5.6 ) Pub Date : 2018-06-20 , DOI: 10.1007/s12182-018-0235-0
Hua-Ping Sun 1, 2 , Wei-Feng Sun 3 , Yong Geng 1, 2 , Yu-Sheng Kong 1
Affiliation  

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.
更新日期:2018-06-20
down
wechat
bug