The effects of natural resources on human capital accumulation: A literature survey
Abstract
We survey the growing literature studying the effects of natural resource abundance or dependence on human capital accumulation, a key factor in development and economic growth. This survey distinguishes between measures of resource abundance versus dependence, and between input, outcome, or participation measures of education and health. We find that a majority of studies find adverse effects of natural resource abundance or dependence on education and health, but that a small to sizeable minority find mixed or beneficial effects. The sheer robustness of negative findings across numerous approaches lends credibility to theories that reliance on resource extraction risks negative effects on the quantity or quality of supply of education and health services, and the demand for advanced education. At the same time, the minority of studies finding positive resource effects suggests there are both methodological and policy lessons that can be learned.
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The cost of oil can be influenced by how countries manage their economies, the overall global economy, legal issues in oil-using places, and the stability of oil-selling countries.
“According to [29], the cost of oil can be influenced by many things like how countries manage their economies, the overall global economy, legal issues in places that use a lot of oil, and how stable countries that sell oil are.”
From Dynamics of economic growth in ASEAN-5 countries: a panel ARDL approach (2024) · cites this paper as [29]
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Dynamics of economic growth in ASEAN-5 countries: a panel ARDL approach
Hidthiir, M. H. B., Ahmad, Z., Junoh, M. Z. M., & Yusof, M. F. B. (2024) · Discover Sustainability · doi:10.1007/s43621-024-00351-x · Cited by 27 · see citing works
- Authors
- Mousavi, A., & Clark, J.
- Affiliations
- International University of Monaco (MC)
- University of Canterbury (NZ)
- Corresponding author
- Clark, Jeremy
- ORCID
- Clark, Jeremy
- Venue
- Journal of Economic Surveys
- Publisher
- Wiley
- Published
- 2021-06-09
- Volume
- 35
- Issue
- 4
- Pages
- 1073-1117
- ISSN
- 0950-0804 (ISSN-L)
- 1467-6419
- OpenAlex
- W3172652895
- Cited by
- 45
- References
- 111
- Citations by year
- 2026: 6 · 2025: 6 · 2024: 17 · 2023: 7 · 2022: 8 · 2021: 1
- FWCI
- 12.48
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Journal of Economic Surveys (publishedVersion)
- HAL (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Natural Resources and Economic Development
- Social Sciences › Demography › Culture, Economy, and Development Studies
- Physical Sciences › Computer Science › Information Systems › Economic Growth and Development
- Keywords
- natural resource wealth, natural resource dependence, human capital accumulation, resource curse, resource extraction, economic growth, development, educational quality, health services
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