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A Generalized Human Development Index

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  • Satya R. Chakravarty

    ()
    (Indian Statistical Institute, Calcutta, India)

Abstract

The human development index indicates achievement in the living standard of a population in terms of attainment levels of different quality-of-life attributes, such as educational attainment and life expectancy at birth. This paper axiomatically characterizes a general measure of achievement. This achievement index, which contains the UNDP human development index as a special case, can be regarded as a generalized human development index. The general index allows calculation of the percentage contributions of individual attributes to overall achievement and hence to identify the attributes that are more/less susceptible to achievement. This kind of breakdown becomes important from a policy point of view. The paper provides an empirical illustration of the axiomatically characterized indices. Copyright Blackwell Publishing Ltd 2003

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Review of Development Economics.

Volume (Year): 7 (2003)
Issue (Month): 1 (February)
Pages: 99-114

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Handle: RePEc:bla:rdevec:v:7:y:2003:i:1:p:99-114

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