Education in human development in Africa, a Bayesian approach.

Authors

  • Agustín Alonso-Rodríguez Real Centro Universitario "Escorial-María Cristina"San Lorenzo de El Escorial

Keywords:

United Nations Organization, HDI, Africa, levels of human development, group 1 of countries, group 2 of countries, Bayesian estimation, Monte Carlo simulation, Markov Chain Monte Carlo, R computational system, BRugs, R2WinBUGS, JAGS, R2JAGS, Coda

Abstract

report on human development. A methodological revision of its estimates has been carried out in 2010, and their findings have been presented in the 2010 Report. The new HDI (Human Development Index) allows comparisons among almost all the member states of UN. One of the explanatory variables of the HDI is the mean years of schooling. In this paper we intend to estimate the impact on the HDI of one more year in the mean years of schooling in the African Continent. We approach the problem with a Bayesian point of view.

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Author Biography

Agustín Alonso-Rodríguez, Real Centro Universitario "Escorial-María Cristina"San Lorenzo de El Escorial

Doctor en Ciencias Económicas, Especialidad en Economía Cuantitativa (UCM). Cursos de doctorado en Economía en la Universidad de California, San Diego. Profesor de Estadística y Econometría. Decano de Administración y Dirección de Empresas del Real Centro Universitario "Escorial-María Cristina"

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Published

2012-03-01

How to Cite

Alonso-Rodríguez, A. (2012). Education in human development in Africa, a Bayesian approach. Anuario Jurídico Y Económico Escurialense, (45), 451–470. Retrieved from https://publicaciones.rcumariacristina.net/AJEE/article/view/119

Issue

No. 45 (2012)

Section

ECONOMÍA