Globalization and Human Development in Post-Transition Countries: Empirical Evidence from Panel Data
Globalization and Human Development in Post-Transition Countries: Empirical Evidence from Panel Data
Author(s): Andrzej CieślikSubject(s): Economy
Published by: Instytut Badań Gospodarczych
Keywords: globalization; human development; post-transition countries
Summary/Abstract: In this paper we investigate empirically the relationship between globalization and human development in post-transition countries using annual panel data for the 1971-2010 period. We show that there exists a positive and statistically significant relationship between globalization and human development in the case of unconditional regressions. This relationship remains positive and signifi-cant once the process of European and regional integration is controlled for. However, when differences in the level of economic development are taken into account the globalization variable loses its statistical significance.
Journal: Oeconomia Copernicana
- Issue Year: 5/2014
- Issue No: 3
- Page Range: 7-27
- Page Count: 20
- Language: English