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What Does The Human Development Index Tell Us About Convergence?

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  • KONYA, Laszlo

    ()

  • GUISAN, Maria-Carmen

    ()

Abstract

This study seeks to find out whether there existed an empirically discernable and robust tendency in the world for countries to converge in terms of human development over the last three decades. Human development is measured by the Human Development Index trend and convergence across countries is tested for by the conventional cross-country methods of ?- and ?-convergence. We perform similar analyses on those countries that joined the European Union before its 2004 enlargement and on all current members of the EU too. Our results indicate convergence for all three groups of countries we consider, that is relatively backward countries managed to increase their HDI more than developed countries.

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Bibliographic Info

Article provided by Euro-American Association of Economic Development in its journal Applied Econometrics and International Development.

Volume (Year): 8 (2008)
Issue (Month): 1 ()
Pages: 19-40

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Handle: RePEc:eaa:aeinde:v:8:y:2008:i:1_2

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Related research

Keywords: Convergence; Human Development;

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References

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Cited by:
  1. ESCOBARI, Diego, 2011. "Testing for Stochastic and Beta-convergence in Latin American Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 11(2).
  2. Simplice A, Asongu, 2012. "African Development: Beyond Income Convergence," MPRA Paper 36054, University Library of Munich, Germany.

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