Abstract
The paper empirically investigates whether oil abundance affects fertility in a panel of developing and developed countries for 1970–2020. The exploration sheds light into why poor developing economies rich in natural resources such as Sub-Saharan African countries have stagnated with high fertility. It finds that fertility rises once oil abundance crosses a threshold level, below which fertility drops, controlling for oil volatility and per-capita GDP. The effect operates in part through women empowerment proxied by female’s labor supply and education. It is also found that oil volatility raises fertility. Besides, we observe a reversal of fertility decline once income reaches a certain level.
| Original language | English |
|---|---|
| Pages (from-to) | 381-416 |
| Number of pages | 36 |
| Journal | Empirical Economics |
| Volume | 67 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 2024 Aug |
Bibliographical note
Publisher Copyright:© The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2024.
Keywords
- Economic development
- Fertility
- Oil
- Oil volatility
- Women empowerment
ASJC Scopus subject areas
- Statistics and Probability
- Mathematics (miscellaneous)
- Social Sciences (miscellaneous)
- Economics and Econometrics
