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Oil Boom Lowers Human Capital Investment in Texas

In: Ten-Gallon Economy

Author

Listed:
  • Anil Kumar

Abstract

Relative wages in Texas rose during the 1970s oil boom, increasing the opportunity cost of staying in school. Comparing Texas-born cohorts who graduated from high school during the oil boom with those in the pre-boom period suggests that the boom negatively affected college enrollment.

Suggested Citation

  • Anil Kumar, 2015. "Oil Boom Lowers Human Capital Investment in Texas," Palgrave Macmillan Books, in: Pia M. Orrenius & Jesús Cañas & Michael Weiss (ed.), Ten-Gallon Economy, chapter 6, pages 79-90, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-53017-2_6
    DOI: 10.1057/9781137530172_6
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    Cited by:

    1. Anil Kumar, 2017. "Impact of oil booms and busts on human capital investment in the USA," Empirical Economics, Springer, vol. 52(3), pages 1089-1114, May.

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