What Does the Human Development Index Tell us about Convergence?

22 Pages Posted: 29 Nov 2008

See all articles by Laszlo Konya

Laszlo Konya

La Trobe University - School of Economics

Maria-Carmen Guisan

University of Santiago de Compostela

Date Written: November, 26 2008

Abstract

This study seeks to find out whether there existed an empirically discernable and robust tendency in the world for countries to converge in terms of human development over the last three decades. Human development is measured by the Human Development Index trend and convergence across countries is tested for by the conventional cross-country methods of beta- and sigma-convergence. We perform similar analyses on those countries that joined the European Union before its 2004 enlargement and on all current members of the EU too. Our results indicate convergence for all three groups of countries we consider, that is relatively backward countries managed to increase their HDI more than developed countries.

Keywords: Convergence, Human Development

JEL Classification: B23, E13, I31, O47

Suggested Citation

Konya, Laszlo and Guisan, Maria-Carmen, What Does the Human Development Index Tell us about Convergence? (November, 26 2008). Applied Econometrics and International Development, Vol. 8, No. 1, 2008, Available at SSRN: https://ssrn.com/abstract=1307751

Laszlo Konya (Contact Author)

La Trobe University - School of Economics ( email )

Bundoora, Victoria 3086
Australia

Maria-Carmen Guisan

University of Santiago de Compostela ( email )

Faculty of Economics and Business
Santiago de Compostela, A Coruña 15704
Spain

HOME PAGE: http://www.usc.es/economet/guisan.htm

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