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International Convergence or Higher Inequality in Human Development?: Evidence for 1975 to 2003

Farhad Noorbakhsh

No RP2006-15, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The concept of convergence is extended to the human development index. Evidence of weak absolute convergence is found over 1975-2002. The results are robust and verified by various conditional β-convergence models and also supported by the evidence of weak σ-convergence. Population weighted analyses provide support for polarization in the human development index amongst developing countries but a slight reduction in world inequality. The dynamics of regional analysis reveal a movement of sub-Saharan Africa towards the low band of human development with Asia and Latin America making progress.

Keywords: Economic development; Equality and inequality; Convergence; Regional economics (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (38)

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