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
StatePublished - Aug 2024

Keywords

  • Economic development
  • Fertility
  • Oil
  • Oil volatility
  • Women empowerment

Fingerprint

Dive into the research topics of 'Fertility and the oil curse'. Together they form a unique fingerprint.

Cite this