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Oil discoveries and education spending in the postbellum south

Maurer, Stephan E. (2018) Oil discoveries and education spending in the postbellum south. CEP Discussion Papers (CEPDP1526). Centre for Economic Performance, London School of Economics and Political Science, London, UK.

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Abstract

This paper studies the effect of oil wealth on the provision of education in the early 20th century United States. Using information on the location and discovery of major oil fields, I find that oil wealth increased local revenue and education spending. The quality of white teachers increased, and oil-rich counties were more likely to participate in the Rosenwald school building program for blacks. In addition, student-teacher ratios for black school children declined substantially. However, I do not find increased school enrollment rates for either race.

Item Type: Monograph (Discussion Paper)
Official URL: http://cep.lse.ac.uk/
Additional Information: © 2018 The Authors
Divisions: Centre for Economic Performance
Subjects: D History General and Old World > D History (General) > D204 Modern History
H Social Sciences > HT Communities. Classes. Races
L Education > LB Theory and practice of education > LB2300 Higher Education
JEL classification: I - Health, Education, and Welfare > I2 - Education
N - Economic History > N3 - Labor and Consumers, Demography, Education, Health, Income, and Wealth
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q3 - Nonrenewable Resources and Conservation
Sets: Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited: 26 Jun 2018 11:34
Last Modified: 11 Apr 2019 23:03
Funders: Economic and Social Research Council
URI: http://eprints.lse.ac.uk/id/eprint/88677

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