EconPapers    
Economics at your fingertips  
 

Convergence of Human Development Levels

Fuat Erdal, Emre Can and Gaye Kocabas
Additional contact information
Emre Can: Izmir University of Economics
Gaye Kocabas: Izmir University of Economics

A chapter in Proceedings of the International Conference on Human and Economic Resources, 2006, pp 207-212 from Izmir University of Economics

Abstract: Reducing regional disparities can be seen as one of the main conditions of sustainable development. The neoclassical convergence hypothesis states that regional or inter-country differences would be reduced by development. Almost all studies test the convergence hypothesis by using per capita income levels and find mixed results. However, convergence of development levels and living standards is more important for the sustainability of economic growth. This study aims to re-test the convergence hypothesis by employing two more indicators of development by the UNDP, namely health index and education index, in addition to per capita income levels. By using the beta convergence test, which controls if there is a tendency for per capital income to equalize across economies, convergence of development levels is tested among a panel of 177 countries. The empirical evidences from the cross-sectional analyses suggest the existence of a significant converging trend among the countries with respect to education levels and per capita income levels.

Keywords: convergence; human development; Turkey (search for similar items in EconPapers)
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://eco.ieu.edu.tr/wp-content/proceedings/2006/0618.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to eco.ieu.edu.tr:443 (Bad file descriptor) (http://eco.ieu.edu.tr/wp-content/proceedings/2006/0618.pdf [302 Found]--> https://eco.ieu.edu.tr/wp-content/proceedings/2006/0618.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:izm:prcdng:200618

Access Statistics for this chapter

More chapters in Papers of the Annual IUE-SUNY Cortland Conference in Economics from Izmir University of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Ayla Ogus Binatli ().

 
Page updated 2021-06-17
Handle: RePEc:izm:prcdng:200618