Human Capital Convergence: International Evidence

Author/Editor:

Randa Sab ; Stephen C. Smith

Publication Date:

March 1, 2001

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

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.

Series:

Working Paper No. 2001/032

Subject:

English

Publication Date:

March 1, 2001

ISBN/ISSN:

9781451845112/1018-5941

Stock No:

WPIEA0322001

Pages:

34

Please address any questions about this title to publications@imf.org