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Human Capital Convergence

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Author Info

  • Randa Sab
  • Stephen C. Smith

Abstract

In the growth literature, evidence on income convergence is mixed. In the development literature, health and education indicators are also often used. This study examines whether health and education levels are converging across countries and calculates their convergence speed, using data from 100 countries during 1970–96. A 3SLS procedure is used in a joint analysis of human capital convergence. The results confirm that investments in education and health are closely linked. We find unconditional convergence for life expectancy and infant survival, and enrollment rates, on average and by gender; and conditional convergence for all human capital indicators, including class size.

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Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Working Papers with number 01/32.

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Length: 34
Date of creation: 01 Mar 2001
Date of revision:
Handle: RePEc:imf:imfwpa:01/32

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Related research

Keywords: Human capital; Income; Health care; Economic models; enrollment rate; equation; primary enrollment; enrollment rates; primary education; pupil ratio; primary enrollment rate; equations; statistics; statistical significance; class size; primary enrollment rates; female education; descriptive statistics; standard deviation; standard errors; standard deviations; gross enrollment; universal primary education; primary school enrollment; primary enrollments; primary school; female enrollment; school enrollment; primary teacher; enrollment ratio; basic literacy; instrumental variables; primary schooling; compulsory primary education; difference equations; samples; low enrollment ratio; significance level; independent variable; formal learning; gender equality in education; education standards; linear regressions; nongovernmental organizations; school attendance; regression analyses; returns to education; conditional effect; education systems; gross enrollment rates; basic skills; numeracy; significance levels;

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Cited by:
  1. Uzma Afzal, 2012. "Human Capital Convergence: Evidence from the Punjab," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 17(1), pages 45-61, Jan-June.
  2. Kenny, Charles, 2005. "Why Are We Worried About Income? Nearly Everything that Matters is Converging," World Development, Elsevier, vol. 33(1), pages 1-19, January.
  3. Eric Neumayer, 2004. "HIV/AIDS and its impact on convergence in life expectancy, infant and child survival rates," HEW 0405001, EconWPA.

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