Is Oil Rent a Curse for Health in Africa?
Lepatouo Ngouffo Martial *
Center of Study and Research in Management and Economics, University of Dschang, BP:110, Dschang, Cameroon.
*Author to whom correspondence should be addressed.
Abstract
Aims/ Objectives: To determine whether oil rent is a curse for the health of populations in Africa.
Study Design: Cross-sectional study.
Place and Duration of Study: Oil-producing African countries over the period 2000-2015.
Methodology: Using the Random effects (RE) and the Two Stages Least Square (2SLS) estimators on a sample of 18 Oil-producing African countries.
Results: The results show that oil rent has a negative effect on life expentancy.
Conclusion: The fact that oil-producing African countries have a source of revenue that does not depend on taxation, means that the governments of these countries do not make health an important part of public policy.
Keywords: Oil rent, human development, health, two stages leasts squares.