Towards the Unnecessity of Human Development Index: The Case of Sensitivity Analysis
The Human development index is one of the most frequently used indicators of living conditions of population. We can find three dimensions in its structure – education, health and living standard. Since HDI represents a composite indicator combining three different indicators it is necessary to meas...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Czech Statistical Office
2016-12-01
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| Series: | Statistika: Statistics and Economy Journal |
| Subjects: | |
| Online Access: | https://www.czso.cz/documents/10180/32912820/32019716q4005.pdf/80085f28-a9d1-4307-8301-34533c1a4de3?version=1.1 |
| Summary: | The Human development index is one of the most frequently used indicators of living conditions of population. We can find three dimensions in its structure – education, health and living standard. Since HDI represents a composite indicator combining three different indicators it is necessary to measure the sensitivity of each of its components. HDI is widely used to compare countries from any part of the world and therefore the variability of the indicators is high. The aim of this article is to show the dependency and mutual influence of individual imputed indicators to HDI. The construction of HDI and theoretical methods of sensitivity are also covered. Results show that the influence of individual inputs on the final HDI and its robustness differ among individual types of input and the strongest correlation of HDI occurs with the dimension of living standard. The influence of other indicators is affected by some other technical parameters of HDI construction. |
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| ISSN: | 0322-788X 1804-8765 |