Progress in human development: Are we on the right path?
AbstractThe conventional measure of the Human Development Index (HDI) is a linear average in three dimensions, HDI1. This is indifferent to uniformity in attainment across dimensions. An alternative, HDI2, based on the shortfall from the ideal using Euclidean distance, addresses the above anomaly. These two measures are used to analyse progress in human development for 127 countries over the period 1990-2004. Introducing the notion of an ideal path, measures of fluctuation and normalised-change are proposed. Empirical illustration highlights the pattern in Sub-Saharan countries, Commonwealth of Independent States (CIS), and some of the emerging economies.
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Bibliographic InfoArticle provided by Inderscience Enterprises Ltd in its journal Int. J. of Economic Policy in Emerging Economies.
Volume (Year): 3 (2010)
Issue (Month): 3 ()
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Web page: http://www.inderscience.com/browse/index.php?journalID=219
HDI; Human Development Index; ideal path; fluctuation measures; normalised change measures; sub-Saharan; CIS; Commonwealth of Independent States; emerging economies.;
Other versions of this item:
- Hippu Salk Kristle Nathan & Srijit Mishra, 2010. "Progress in Human Development - Are we on the right path?," Development Economics Working Papers 23019, East Asian Bureau of Economic Research.
- Hippu Salk Kristle Nathan & Srijit Mishra, 2010. "Progress in human development: Are we on the right path?," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2010-010, Indira Gandhi Institute of Development Research, Mumbai, India.
- C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
- I00 - Health, Education, and Welfare - - General - - - General
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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