The Labor Market and School Finance Effects of the Texas Shale Boom on Teacher Quality and Student Achievement
نویسندگان
چکیده
Resource booms can affect student achievement through greater labor demand, where rising wages pull students or teachers out of schools, and through an expanded tax base, where increased school spending alters teacher quality or student productivity. Using shale depth variation across Texas school districts with annual oil and gas price variation, this study finds that resource development slightly decreased student achievement despite providing schools with more money. Vocational and economically disadvantaged students were pulled into the labor market, while teacher turnover and inexperience increased. Schools responded to the tax base expansion by spending more on capital projects but not on teachers. JEL codes: H70, I22, J24, J40, Q33, R23.
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