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dc.titleFrom Wells to Wealth? Government Transfers and Human Capital
dc.contributor.authorAcuna, Julio
dc.contributor.authorBalza, Lenin
dc.contributor.authorGómez Parra, Nicolás
dc.contributor.orgunitInfrastructure and Energy Sector
dc.coverageLatin America
dc.date.available2022-05-18T00:05:00
dc.date.issue2022-05-18T00:05:00
dc.description.abstractTo study the causal impact of oil royalties on human capital, we exploit quasi-experimental variation arising from a law in Ecuador that transfers resources to municipalities regardless of their oil-producing status. We find that royalties increase the likelihood of students completing primary and secondary education. Students reaching high school are also more likely to pass and excel on the exit exam. Furthermore, schools are more likely to remain open, increase their size, and become more road-accessible. However, the likelihood of students pursuing higher education decreases as they face steeper opportunity costs when labor demand increases.
dc.format.extent70
dc.identifier.doihttp://dx.doi.org/10.18235/0004262
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/From-Wells-to-Wealth-Government-Transfers-and-Human-Capital.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectNatural Resource
dc.subjectEducational Institution
dc.subjectMunicipal Government
dc.subjectPetroleum
dc.subjectEducation
dc.subjectHuman Capital
dc.subjectHigh School
dc.subjectHigher Education
dc.subjectPopulation Aging
dc.subjectLabor Force
dc.subjectSmall Business
dc.subject.jelcodeI25 - Education and Economic Development
dc.subject.jelcodeO13 - Agriculture • Natural Resources • Energy • Environment • Other Primary Products
dc.subject.jelcodeO15 - Human Resources • Human Development • Income Distribution • Migration
dc.subject.jelcodeQ32 - Exhaustible Resources and Economic Development
dc.subject.jelcodeQ35 - Hydrocarbon Resources
dc.typeWorking Papers
idb.identifier.pubnumberIDB-WP-01349
idb.operationRG-E1713
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