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

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dc.creator Petrakis, P.E.
dc.creator Stamatakis, D.
dc.date 2005
dc.date.accessioned 2013-10-16T07:06:56Z
dc.date.available 2013-10-16T07:06:56Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19819
dc.identifier ppn:500764298
dc.identifier RePEc:zbw:gdec05:3499
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19819
dc.description 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.
dc.language eng
dc.publisher
dc.relation Proceedings of the German Development Economics Conference, Kiel 2005 / Verein für Socialpolitik, Research Committee Development Economics 26
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject advanced (OECD)
dc.subject developed (OECD)
dc.subject developing (world)
dc.subject USA
dc.subject Mexico
dc.subject Mauritius (as examples of each of the above)
dc.subject human capital
dc.subject convergence
dc.title Human capital, growth and convergence traps: Implications from a cross-country analysis
dc.type doc-type:conferenceObject


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