We present a detailed study of the electric dipole moment of the neutron in
duced by a vacuum theta angle within the framework of QCD sum rules. At nex
t-to-next-to-leading order in the operator product expansion, we find the r
esult d(n)(theta) = 1.2 X 10(-16)<(theta)over bar>e(.)cm, to approximately
40% precision. With the current experimental bound this translates into a l
imit on the theta parameter of \<(theta)over bar>\ < 6 x 10(-10). We compar
e this result with the long-standing estimates obtained within chiral pertu
rbation theory, and observe a numerical similarity, but also significant di
fferences in the source of the dominant contribution. (C) 2000 Elsevier Sci
ence B.V. All rights reserved.