01755cas a2200253 a 4500 AALejournalIMF001388 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451845112 1018-5941 BD-DhAAL BD-DhAAL Sab, Randa. Human Capital Convergence : International Evidence / Randa Sab, Stephen Smith. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (34 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In the growth literature, evidence on income convergence is mixed. In the development literature, health and education indicators are also often used. This study examines whether health and education levels are converging across countries and calculates their convergence speed, using data from 100 countries during 1970-96. A 3SLS procedure is used in a joint analysis of human capital convergence. The results confirm that investments in education and health are closely linked. We find unconditional convergence for life expectancy and infant survival, and enrollment rates, on average and by gender; and conditional convergence for all human capital indicators, including class size. Mode of access: Internet Smith, Stephen. IMF Working Papers; Working Paper ; No. 2001/032 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/032/001.2001.issue-032-en.xml IMF e-Library