The Human Development Index: suggested corrections
Full substitutability and equal weighting principles of the human development index (HDI) have been found to be ineffective in determining appropriate HDI values and should therefore be dropped. An index can be devised with equal distribution of values of the component variables to correct HDI in pr...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10596 |
| _version_ | 1811172435393773568 |
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| author | P. PALAZZI A. LAURI |
| author_facet | P. PALAZZI A. LAURI |
| author_sort | P. PALAZZI |
| collection | DOAJ |
| description | Full substitutability and equal weighting principles of the human development index (HDI) have been found to be ineffective in determining appropriate HDI values and should therefore be dropped. An index can be devised with equal distribution of values of the component variables to correct HDI in proportion to a country's distance from the perfect equilibrium point while differential weighting may be substituted with a line in three dimensional space.
JEL Codes: A10
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| first_indexed | 2024-04-10T17:31:06Z |
| format | Article |
| id | doaj.art-2add5c5269444ccfadc1730f0e838dd1 |
| institution | Directory Open Access Journal |
| issn | 2037-3635 2037-3643 |
| language | English |
| last_indexed | 2024-04-10T17:31:06Z |
| publishDate | 2013-10-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | PSL Quarterly Review |
| spelling | doaj.art-2add5c5269444ccfadc1730f0e838dd12023-02-03T16:46:09ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-10-015120510.13133/2037-3643/10596The Human Development Index: suggested correctionsP. PALAZZIA. LAURIFull substitutability and equal weighting principles of the human development index (HDI) have been found to be ineffective in determining appropriate HDI values and should therefore be dropped. An index can be devised with equal distribution of values of the component variables to correct HDI in proportion to a country's distance from the perfect equilibrium point while differential weighting may be substituted with a line in three dimensional space. JEL Codes: A10 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10596MethodsEconomic indicatorsSocial economicsHuman development index |
| spellingShingle | P. PALAZZI A. LAURI The Human Development Index: suggested corrections PSL Quarterly Review Methods Economic indicators Social economics Human development index |
| title | The Human Development Index: suggested corrections |
| title_full | The Human Development Index: suggested corrections |
| title_fullStr | The Human Development Index: suggested corrections |
| title_full_unstemmed | The Human Development Index: suggested corrections |
| title_short | The Human Development Index: suggested corrections |
| title_sort | human development index suggested corrections |
| topic | Methods Economic indicators Social economics Human development index |
| url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10596 |
| work_keys_str_mv | AT ppalazzi thehumandevelopmentindexsuggestedcorrections AT alauri thehumandevelopmentindexsuggestedcorrections AT ppalazzi humandevelopmentindexsuggestedcorrections AT alauri humandevelopmentindexsuggestedcorrections |