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The Human Development Index: suggested corrections

Author

Listed:
  • P. PALAZZI

    (Universita' degli Studi di Roma "La Sapienza")

  • A. LAURI

    (Universita' degli Studi di Roma "La Sapienza")

Abstract

Full substitutability and equal weighting principles of the human development index (HDI) have been found to be ineffective in determining appropriate HDI values and should therefore be dropped. An index can be devised with equal distribution of values of the component variables to correct HDI in proportion to a country's distance from the perfect equilibrium point while differential weighting may be substituted with a line in three dimensional space.

Suggested Citation

  • P. Palazzi & A. Lauri, 1998. "The Human Development Index: suggested corrections," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 51(205), pages 193-221.
    • Handle: RePEc:psl:bnlqrr:1998:25
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    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10596/10480
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    References listed on IDEAS

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    1. Sadequl Islam, 1995. "The human development index and per capita GDP," Applied Economics Letters, Taylor & Francis Journals, vol. 2(5), pages 166-167.
    2. Luchters, Guido & Menkhoff, Lukas, 1996. "Human development as statistical artifact," World Development, Elsevier, vol. 24(8), pages 1385-1392, August.
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    Cited by:

    1. Jeni Klugman & Francisco Rodríguez & Hyung-Jin Choi, 2011. "The HDI 2010: new controversies, old critiques," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 9(2), pages 249-288, June.
    2. Enrico Casadio Tarabusi & Giulio Guarini, 2013. "An Unbalance Adjustment Method for Development Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 112(1), pages 19-45, May.
    3. Mariano Luque & Salvador Pérez-Moreno & Beatriz Rodríguez, 2016. "Measuring Human Development: A Multi-criteria Approach," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 125(3), pages 713-733, February.
    4. Issaka Dialga, 2016. "L'Indice du Développement Humain ou l'indice monétaire de développement ? Evidences par l’Analyse en Composantes Principales," Working Papers hal-01308724, HAL.
    5. Enrico Casadio Tarabusi & Paolo Palazzi, 2004. "Un indice per lo sviluppo sostenibile," Moneta e Credito, Economia civile, vol. 57(226), pages 123-149.
    6. Mariano Luque & Salvador Pérez-Moreno & Beatriz Rodríguez, 2016. "Measuring Human Development: A Multi-criteria Approach," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 125(3), pages 713-733, February.
    7. Srijit Mishra & Hippu Slak Kristle Nathan, 2013. "Measuring human development index: The old, the new and the elegant," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2013-020, Indira Gandhi Institute of Development Research, Mumbai, India.
    8. Enrico Casadio Tarabusi & Giulio Guarini, 2016. "Level Dependence of the Adjustment for Unbalance and Inequality for the Human Development Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 126(2), pages 527-553, March.
    9. Upasak Das & Udaya S. Mishra, 2020. "Towards Conceptualization of a Household Educational Indicator: Incorporating Externalities," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 150(1), pages 289-309, July.
    10. Mangaraj, B.K. & Aparajita, Upali, 2020. "Constructing a generalized model of the human development index," Socio-Economic Planning Sciences, Elsevier, vol. 70(C).
    11. Paolo Palazzi, 2004. "Lo sviluppo come fenomeno multidimensionale. Confronto tra lÕISU e un indice di sviluppo sostenibile," Moneta e Credito, Economia civile, vol. 57(227), pages 279-309.
    12. Ohorella Hasna, 2015. "PMDN, PMA and Labor Factors as the Indicators of the Success of Development in Province of Maluku: An Application of New Growth Theory," Research in World Economy, Research in World Economy, Sciedu Press, vol. 6(1), pages 58-71, March.
    13. Elizabeth Stanton, 2007. "The Human Development Index: A History," Working Papers wp127, Political Economy Research Institute, University of Massachusetts at Amherst.
    14. Panagiotis Ravanos & Giannis Karagiannis, 2021. "A VEA Benefit-of-the-Doubt Model for the HDI," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 155(1), pages 27-46, May.
    15. Tan, Alvin & Brewer, Paul & Liesch, Peter W., 2007. "Before the first export decision: Internationalisation readiness in the pre-export phase," International Business Review, Elsevier, vol. 16(3), pages 294-309, June.
    16. Tatiana Tikhomirova & Ani Sukiasyan, 2014. "Modified Estimates Of Human Potential In The Regions Of Russian Federation Taking Into Consideration The Risks Of Health Losses And Social Tensions," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 164-177.
    17. Enrico Casadio Tarabusi & Giulio Guarini, 2016. "Level Dependence of the Adjustment for Unbalance and Inequality for the Human Development Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 126(2), pages 527-553, March.
    18. Nayak, Purusottam, 2013. "Methodological Developments in Human Development Literature," MPRA Paper 50608, University Library of Munich, Germany.

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    More about this item

    Keywords

    Methods; Economic indicators; Social economics; Human development index;
    All these keywords.

    JEL classification:

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

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