Titelaufnahme

Titel
Human capital and the economic convergence mechanism : evidence from China / Xiaobei Zhang (Zhejiang University of Finance and Economics), Haizheng Li (Georgia Institute of Technology and IZA), Xiaojun Wang (University of Hawaii), Belton M. Fleisher (Ohio State University and IZA) ; IZA Institute of Labor Economics
VerfasserZhang, Xiaobei ; Li, Haizheng ; Wang, Xiaojun ; Fleisher, Belton M.
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, March 2019
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (32 Seiten) : Diagramme
SerieDiscussion paper ; no. 12224
URNurn:nbn:de:hbz:5:2-184241 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
Human capital and the economic convergence mechanism [0.46 mb]
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Verfügbarkeit In meiner Bibliothek
Zusammenfassung (Englisch)

We examine the mechanism by which human capital affects economic growth and convergence, using provincial level panel data from China. We specify alternative measures of human capital and apply them to an enhanced growth model which we estimate parametrically, nonparametrically, and with a threshold model. Our results show that economic convergence is pronouncedly conditional on human capital across all our measures of human capital. The positive “benefit of being backward” due to lower initial income is almost trumped by the negative impact of low levels of human capital among the poorest areas.