Human Capital Convergence: International Evidence
IMF Working Papers, March 1, 2001
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- Human Capital Convergence: International Evidence
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Bibliographic details
- Authors: Randa Sab, Stephen C. Smith
- Published: March 1, 2001
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451845112.001
Summary
- Study examines whether health and education levels are converging across countries and calculates their convergence speed.
- Data coverage: 100 countries during 1970–96.
- Estimation approach: a 3SLS procedure is used in a joint analysis of human capital convergence.
- Main high-level result: investments in education and health are closely linked.
Methods and scope
- Sample: 100 countries.
- Period: 1970–96.
- Econometric method: 3SLS procedure in a joint analysis of human capital convergence.
- Indicators analyzed include life expectancy, infant survival, enrollment rates (average and by gender), and class size.
Key findings
- Unconditional convergence observed for:
- life expectancy
- infant survival
- enrollment rates, on average and by gender
- Conditional convergence observed for:
- all human capital indicators, including class size
- Confirmed linkage:
- investments in education and health are closely linked
Content in this bundle
- Human Capital Convergence: International Evidence - WP/01/32