Human capital, growth and convergence traps: Implications from a cross-country analysis

Konferenzbeitrag

This article, adapted from Tamura?s theoretical proposition, empirically investigates capital convergence in three country groups belonging to significantly different development categories: G7, developed and developing. Human capital evaluation, in this context, goes beyond enrolment and/or attainment rates. In addition to enrolments and government spending, alternative factors determining human capital effectiveness synthesize an idea of enhanced human capital proxy. Empirical results indicate moderate evidence of convergence among the three-country groups when conventional variables are included. The convergence ?picture? is quite different when additional variables are empirically examined, implying the existence of a ?convergence trap? caused by initial endowments on human capital.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Proceedings of the German Development Economics Conference, Kiel 2005 ; No. 26

Classification and Topics

• Classification: Wirtschaft
• Subject: advanced (OECD) ; developed (OECD) ; developing (world) ; USA ; Mexico ; Mauritius (as examples of each of the above) ; human capital ; convergence

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Petrakis, P.E. ; Stamatakis, D.
• Event: Veröffentlichung
• (who): Verein für Socialpolitik, Ausschuss für Entwicklungsländer
• (where): Hannover
• (when): 2005

Further information

• Handle: http://hdl.handle.net/10419/19819
• Last update: 10.03.2025, 11:42 AM CET