Fertility and the oil curse

Dong Hyeon Kim, Shu Chin Lin

    Research output: Contribution to journalArticlepeer-review

    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 languageEnglish
    Pages (from-to)381-416
    Number of pages36
    JournalEmpirical Economics
    Volume67
    Issue number2
    DOIs
    Publication statusPublished - 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

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