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Trends in Human and Economic Development Across Countries

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  • Edward Nissan

    (Department of Economics, Finance and International Business, the University of Southern Mississippi)

Abstract

Convergence of the Human Development Index (HDI) and per capita income were tested between 1975 and 1998 using a yearly adjustment model. The results indicated convergence for HDI and divergence for income. Furthermore, there was an increase over the years in the average HDI for every group of countries as classified by HDI from low to high. The only group of countries with significant increase in income were the rich countries.

Suggested Citation

  • Edward Nissan, 2002. "Trends in Human and Economic Development Across Countries," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 27(1), pages 41-51, June.
    • Handle: RePEc:jed:journl:v:27:y:2002:i:1:p:41-51
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    File URL: http://www.jed.or.kr/full-text/27-1/nissan.PDF
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    References listed on IDEAS

    as
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    4. Graff, Michael, 1998. "Educational imbalance, socio-economic inequality, political freedom and economic development," Dresden Discussion Paper Series in Economics 03/98, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    5. Danny Quah, 1996. "Twin Peaks: Growth and Convergence in Models of Distribution Dynamics," CEP Discussion Papers dp0280, Centre for Economic Performance, LSE.
    6. Slottje, Daniel J, 1991. "Measuring the Quality of Life across Countries," The Review of Economics and Statistics, MIT Press, vol. 73(4), pages 684-693, November.
    7. Bhanojirao, V. V., 1991. "Human development Report 1990: Review and assessment," World Development, Elsevier, vol. 19(10), pages 1451-1460, October.
    8. Quah, Danny, 1996. "Twin peaks : growth and convergence in models of distribution dynamics," LSE Research Online Documents on Economics 2278, London School of Economics and Political Science, LSE Library.
    9. Easterly, William, 2001. "The Lost Decades: Developing Countries' Stagnation in Spite of Policy Reform 1980-1998," Journal of Economic Growth, Springer, vol. 6(2), pages 135-157, June.
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    Cited by:

    1. Montañés, Antonio & Olmos, Lorena & Reyes, Marcelo, 2018. "Has the Great Recession affected the convergence process? The case of Spanish provinces," Economic Modelling, Elsevier, vol. 68(C), pages 360-371.

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