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An Analysis of the Evolution of the Human Development Index with Special Reference to Its Income Component

Author

Listed:
  • Bhatnagar , Ravi Kant

    (Regional Director, Staff Selection Commission (Government of India), New Delhhi)

Abstract

The author has reviewed methodology followed by the UNDP1 s Human Development Reports from beginning till the latest Report particularly with reference to its treatment given to income component in the computation of Human Development Index for various countries. A closer look has been taken on Atkinson based formulation of utility function adopted by UNDP in the Human Development Reports during 1991 to 1998 for discounting or adjusting the income levels (real GDP per capita in countries), exceeding a threshold level of income

Suggested Citation

  • Bhatnagar , Ravi Kant, 2001. "An Analysis of the Evolution of the Human Development Index with Special Reference to Its Income Component," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 27(3), pages 35-66, September.
    • Handle: RePEc:ris:badest:0420
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    Citations

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    Cited by:

    1. Elizabeth Stanton, 2007. "The Human Development Index: A History," Working Papers wp127, Political Economy Research Institute, University of Massachusetts at Amherst.

    More about this item

    Keywords

    Utility functions Income level; Purchasing power parity; Real gross domestic product per capita; Adult literacy; Humans; Life expectancy; Educational attainment; Development studies;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

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