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What Does The Human Development Index Tell Us About Convergence?

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Author Info
KONYA, Laszlo ()
GUISAN, Maria-Carmen ()

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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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File URL: http://www.usc.es/~economet/reviews/aeid812.pdf
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Publisher 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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For technical questions regarding this item, or to correct its listing, contact: (M. Carmen Guisan).

Related research
Keywords: Convergence; Human Development;

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Find related papers by JEL classification:
B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Quantitative and Mathematical
E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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