Natural Resources, Institutions and the Quality-adjusted Human Capital

35 Pages Posted: 27 Jan 2021

See all articles by Soran Mohtadi

Soran Mohtadi

Autonomous University of Barcelona - Department of Applied Economics

Date Written: December 8, 2020

Abstract

This paper empirically analyses the effects of natural resources on both the quantity and quality of human capital. A panel of 162 countries for the period 1996-2014 is employed and allows us to confirm the crucial role of institutions showing that the negative association between natural resources and human capital can be reversed if the quality of institutions is high enough. The analysis also considers different types of natural resources and emphasizes the importance of using an indicator that incorporates the quantity but also the quality of human capital.

Keywords: human capital, natural resources, education, health, institutions

JEL Classification: O15, O13, O4

Suggested Citation

Mohtadi, Soran, Natural Resources, Institutions and the Quality-adjusted Human Capital (December 8, 2020). Available at SSRN: https://ssrn.com/abstract=3744787 or http://dx.doi.org/10.2139/ssrn.3744787

Soran Mohtadi (Contact Author)

Autonomous University of Barcelona - Department of Applied Economics ( email )

Departamento de Economía Aplicada
Bellaterra, Barcelona 08193
Spain

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