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Comparison of the Accuracy of the Human Development Index with a Discriminant Analysis in the Measurement of Human Development

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  • Aysan Senturk
  • Emin Atasoy

Abstract

The present study aims to evaluate the success of the classification made in the Human Development Report (HDR) by means of a discriminant analysis. The report, prepared in the framework of United Nations Development Programme (UNDP), reflects the socio-economical development level of countries worldwide. The results based on the data provided in the HDR (2006) indicate that a classification done by a discriminant analysis has a great success rate.

Suggested Citation

  • Aysan Senturk & Emin Atasoy, 2008. "Comparison of the Accuracy of the Human Development Index with a Discriminant Analysis in the Measurement of Human Development," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 91-101.
  • Handle: RePEc:bas:econst:y:2008:i:2:p:91-101
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    References listed on IDEAS

    as
    1. Markku M. Nurminen & Christopher R. Heathcote & Brett A. Davis & Borek D. Puza, 2005. "Working life expectancies: the case of Finland 1980-2006," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 168(3), pages 567-581.
    2. Li, Baibing & Martin, Elaine B. & Morris, A. Julian, 2002. "On principal component analysis in L1," Computational Statistics & Data Analysis, Elsevier, vol. 40(3), pages 471-474, September.
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    More about this item

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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