Why Do Some Oil-Rich Countries Perform Better Than Others?

Progress in child mortality reduction and education attainment varies widely among oil-rich countries. This paper investigates the causes of this variation using an empirical model that departs from the available literature in allowing for explicit...

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Main Authors: Iqbal, Farrukh, Kiendrebeogo, Youssouf
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/306711495024778264/Why-do-some-oil-rich-countries-perform-better-than-others
http://hdl.handle.net/10986/26758
id okr-10986-26758
recordtype oai_dc
spelling okr-10986-267582021-06-08T14:42:46Z Why Do Some Oil-Rich Countries Perform Better Than Others? Iqbal, Farrukh Kiendrebeogo, Youssouf CHILD MORTALITY SCHOOL ENROLLMENT PUBLIC EXPENDITURE EDUCATION SPENDING OIL-RICH COUNTRIES EDUCATION ATTAINMENT SECONDARY EDUCATION NUTRITION Progress in child mortality reduction and education attainment varies widely among oil-rich countries. This paper investigates the causes of this variation using an empirical model that departs from the available literature in allowing for explicit measurement of the impact of initial levels of child mortality and education attainment. The results show that the following four variables are statistically significant and robust across various specifications: public spending on health and education, economic growth rates, caloric sufficiency, and initial levels of child mortality and education attainment. Further analysis was conducted to determine the economic significance of these factors by examining the contribution of each to the fitted growth rates (as a deviation from the sample mean) of child mortality and secondary school enrollment for 14 oil-rich developing countries. The analysis reveals some interesting patterns. First, initial conditions dominate the results for education attainment: the initial level of secondary school enrollment in 1980 is the dominant factor in explaining subsequent improvements in 10 of the 14 oil-rich developing countries for which calculations could be performed. Second, policy factors worked in different ways in different countries. A high degree of caloric sufficiency enabled countries in the Middle East and North Africa to reduce child mortality faster, while low levels of caloric sufficiency prevented African oil-rich countries, such as Angola and the Republic of Congo, from making progress. Third, levels of public spending were not economically critical for gains in school enrollment, although they were important in a few country cases for improvements in child mortality rates. 2017-05-24T16:56:16Z 2017-05-24T16:56:16Z 2017-05 Working Paper http://documents.worldbank.org/curated/en/306711495024778264/Why-do-some-oil-rich-countries-perform-better-than-others http://hdl.handle.net/10986/26758 English en_US Policy Research Working Paper;No. 8066 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Middle East and North Africa Middle East North Africa Angola Congo, Republic of Nigeria
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic CHILD MORTALITY
SCHOOL ENROLLMENT
PUBLIC EXPENDITURE
EDUCATION SPENDING
OIL-RICH COUNTRIES
EDUCATION ATTAINMENT
SECONDARY EDUCATION
NUTRITION
spellingShingle CHILD MORTALITY
SCHOOL ENROLLMENT
PUBLIC EXPENDITURE
EDUCATION SPENDING
OIL-RICH COUNTRIES
EDUCATION ATTAINMENT
SECONDARY EDUCATION
NUTRITION
Iqbal, Farrukh
Kiendrebeogo, Youssouf
Why Do Some Oil-Rich Countries Perform Better Than Others?
geographic_facet Middle East and North Africa
Middle East
North Africa
Angola
Congo, Republic of
Nigeria
relation Policy Research Working Paper;No. 8066
description Progress in child mortality reduction and education attainment varies widely among oil-rich countries. This paper investigates the causes of this variation using an empirical model that departs from the available literature in allowing for explicit measurement of the impact of initial levels of child mortality and education attainment. The results show that the following four variables are statistically significant and robust across various specifications: public spending on health and education, economic growth rates, caloric sufficiency, and initial levels of child mortality and education attainment. Further analysis was conducted to determine the economic significance of these factors by examining the contribution of each to the fitted growth rates (as a deviation from the sample mean) of child mortality and secondary school enrollment for 14 oil-rich developing countries. The analysis reveals some interesting patterns. First, initial conditions dominate the results for education attainment: the initial level of secondary school enrollment in 1980 is the dominant factor in explaining subsequent improvements in 10 of the 14 oil-rich developing countries for which calculations could be performed. Second, policy factors worked in different ways in different countries. A high degree of caloric sufficiency enabled countries in the Middle East and North Africa to reduce child mortality faster, while low levels of caloric sufficiency prevented African oil-rich countries, such as Angola and the Republic of Congo, from making progress. Third, levels of public spending were not economically critical for gains in school enrollment, although they were important in a few country cases for improvements in child mortality rates.
format Working Paper
author Iqbal, Farrukh
Kiendrebeogo, Youssouf
author_facet Iqbal, Farrukh
Kiendrebeogo, Youssouf
author_sort Iqbal, Farrukh
title Why Do Some Oil-Rich Countries Perform Better Than Others?
title_short Why Do Some Oil-Rich Countries Perform Better Than Others?
title_full Why Do Some Oil-Rich Countries Perform Better Than Others?
title_fullStr Why Do Some Oil-Rich Countries Perform Better Than Others?
title_full_unstemmed Why Do Some Oil-Rich Countries Perform Better Than Others?
title_sort why do some oil-rich countries perform better than others?
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/306711495024778264/Why-do-some-oil-rich-countries-perform-better-than-others
http://hdl.handle.net/10986/26758
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