Alternative indicators of living standards and household consumption expenditure in a global perspective

The paper deals with identifying relationships between the household consumption expenditure and the human development index (HDI) on the sample of countries of the world. It provides an analysis of the HDI and the household consumption expenditure and on the basis of available statistic data carrie...

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Main Authors: Milan Palát, Alois Kunc
Format: Article
Language:English
Published: Mendel University Press 2013-01-01
Series:Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
Subjects:
Online Access:https://acta.mendelu.cz/61/2/0437/
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author Milan Palát
Alois Kunc
author_facet Milan Palát
Alois Kunc
author_sort Milan Palát
collection DOAJ
description The paper deals with identifying relationships between the household consumption expenditure and the human development index (HDI) on the sample of countries of the world. It provides an analysis of the HDI and the household consumption expenditure and on the basis of available statistic data carries out evaluation of the correlation analysis between household consumption expenditure and HDI in six groups of countries: developed countries, countries of the former eastern bloc, countries of the Near East, countries of South East Asia, Latin American countries and African countries. With respect to results of the analysis, statistically significant dependences were found between the development of household consumption expenditure per capita and HDI. At countries of the former eastern bloc, the dependence is always statistically significant but it does not reach such intensity. At African and some Latin American countries, the dependence is already statistically insignificant. Thus, we can summarize that with decreasing GDP per capita the dependence of the household consumption expenditure development on HDI weakens. In this respect, the validity of a hypothesis is also verified that household consumption expenditure is correlated to the HDI development at the global comparison on the more heterogeneous sample of countries than any other analyses published so far.
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spelling doaj.art-9453a44708ff431c8698fe5eac5197b32022-12-22T02:31:39ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102013-01-0161243744410.11118/actaun201361020437Alternative indicators of living standards and household consumption expenditure in a global perspectiveMilan Palát0Alois Kunc1Department of Territorial Studies, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech RepublicDepartment of Territorial Studies, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech RepublicThe paper deals with identifying relationships between the household consumption expenditure and the human development index (HDI) on the sample of countries of the world. It provides an analysis of the HDI and the household consumption expenditure and on the basis of available statistic data carries out evaluation of the correlation analysis between household consumption expenditure and HDI in six groups of countries: developed countries, countries of the former eastern bloc, countries of the Near East, countries of South East Asia, Latin American countries and African countries. With respect to results of the analysis, statistically significant dependences were found between the development of household consumption expenditure per capita and HDI. At countries of the former eastern bloc, the dependence is always statistically significant but it does not reach such intensity. At African and some Latin American countries, the dependence is already statistically insignificant. Thus, we can summarize that with decreasing GDP per capita the dependence of the household consumption expenditure development on HDI weakens. In this respect, the validity of a hypothesis is also verified that household consumption expenditure is correlated to the HDI development at the global comparison on the more heterogeneous sample of countries than any other analyses published so far.https://acta.mendelu.cz/61/2/0437/human development indexhousehold consumption expenditurecorrelation analysisglobal comparison
spellingShingle Milan Palát
Alois Kunc
Alternative indicators of living standards and household consumption expenditure in a global perspective
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
human development index
household consumption expenditure
correlation analysis
global comparison
title Alternative indicators of living standards and household consumption expenditure in a global perspective
title_full Alternative indicators of living standards and household consumption expenditure in a global perspective
title_fullStr Alternative indicators of living standards and household consumption expenditure in a global perspective
title_full_unstemmed Alternative indicators of living standards and household consumption expenditure in a global perspective
title_short Alternative indicators of living standards and household consumption expenditure in a global perspective
title_sort alternative indicators of living standards and household consumption expenditure in a global perspective
topic human development index
household consumption expenditure
correlation analysis
global comparison
url https://acta.mendelu.cz/61/2/0437/
work_keys_str_mv AT milanpalat alternativeindicatorsoflivingstandardsandhouseholdconsumptionexpenditureinaglobalperspective
AT aloiskunc alternativeindicatorsoflivingstandardsandhouseholdconsumptionexpenditureinaglobalperspective