Human Capital Convergence: International Evidence

34 Pages Posted: 29 Jan 2006

See all articles by Randa Sab

Randa Sab

International Monetary Fund (IMF) - Middle East and Central Asia Department

Stephen C. Smith

George Washington University - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: March 2001

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.

Keywords: human capital, convergence, education, health, growth

JEL Classification: O15, O40, J24, I19

Suggested Citation

Sab, Randa and Smith, Stephen C., Human Capital Convergence: International Evidence (March 2001). IMF Working Paper No. 01/32, Available at SSRN: https://ssrn.com/abstract=879395

Randa Sab (Contact Author)

International Monetary Fund (IMF) - Middle East and Central Asia Department ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Stephen C. Smith

George Washington University - Department of Economics ( email )

2115 G Street NW
306 Monroe Hall
Washington, DC 20052
United States

HOME PAGE: http://https://www2.gwu.edu/~iiep/about/faculty/ssmith/

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