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Human Capital Convergence; International Evidence

Author

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  • 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.

Suggested Citation

  • Randa Sab & Stephen C. Smith, 2001. "Human Capital Convergence; International Evidence," IMF Working Papers 01/32, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:01/32
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    Cited by:

    1. Heylen, Fanny, 2010. "Analyzing the poverty impact of the enhanced Heavily Indebted Poor Countries (HIPC) initiative in Bolivia," Documentos de trabajo 1/2010, Instituto de Investigaciones Socio-Económicas (IISEC), Universidad Católica Boliviana.
    2. 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.
    3. Eric Neumayer, 2004. "HIV/AIDS and its impact on convergence in life expectancy, infant and child survival rates," HEW 0405001, EconWPA.
    4. 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.

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