An Empirical Analysis on the Relationship Between Oil and Gas Rents and Education: The Role of Institutional Quality Thresholds

37 Pages Posted: 12 Mar 2021

See all articles by Soran Mohtadi

Soran Mohtadi

Autonomous University of Barcelona - Department of Applied Economics

Date Written: October 1, 2016

Abstract

This paper examines the relationship between oil and gas rents and education when the institutional quality threshold is taken into account using a split-sample of 54 developing and developed countries. Methodologically speaking, the Cabrales and Hauk (2010) empirical model is replicated. A threshold is estimated according to their institutional quality. Extensions are as follows; first a cross-sectional analysis is considered for 2000 and the mean of 1996 through 2013, and second, a panel data analysis is considered covering the period from 1996 to 2013. The results confirm that the level of institutional quality is crucial to determine the effects of oil and gas rents on education either in the cross-section or panel data analysis.

Keywords: oil and gas, education, institutions, threshold effects

JEL Classification: O1, O13, I25, C24

Suggested Citation

Mohtadi, Soran, An Empirical Analysis on the Relationship Between Oil and Gas Rents and Education: The Role of Institutional Quality Thresholds (October 1, 2016). Available at SSRN: https://ssrn.com/abstract=3777892 or http://dx.doi.org/10.2139/ssrn.3777892

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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