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Human capital convergence in Latin America: 1950–2000

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  • Villarroya, Isabel Sanz

Abstract

Using the Penn World Table, the CEPAL statistics and the OxLAD data base for the period 1950–2000, and considering a sample of 18 Latin American countries, this paper tries to test for convergence within the region. The results from a panel data approach only allow us to speak about convergence in a conditional sense. In fact, one of the main factors behind both economic growth and the catching up process in the region is the level of human capital. This variable has been constructed using Principal Components methodology and taking into consideration primary and secondary school enrolment ratios, the number of inhabitants per doctor, life expectancy, the infant mortality rate and the dependency rate.

Suggested Citation

  • Villarroya, Isabel Sanz, 2007. "Human capital convergence in Latin America: 1950–2000," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 25(1), pages 87-122, January.
    • Handle: RePEc:cup:reveco:v:25:y:2007:i:01:p:87-122_00
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    Cited by:

    1. Valerio Mendoza, Octasiano Miguel & Borsi, Mihály Tamás & Comim, Flavio, 2022. "Human capital dynamics in China: Evidence from a club convergence approach," Journal of Asian Economics, Elsevier, vol. 79(C).

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