Review of HDI Critiques and Potential Improvements

This paper reviews critiques of the Human Development Report over the last twenty years. The critiques are mostly related to the choice of indicators, to high correlation of HDI components, functional form of the HDI including normalization of component indicators, aggregation vs. multiplication, and issues related to weighting. A thorough analysis of the critiques leads us to a proposal for modification of the HDI.

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Year of publication:	2010-12
Authors:	Kovacevic, Milorad
Institutions:	Human Development Report Office, United Nations Development Programme (UNDP)
Subject:	Composite index \| well-being \| marginal substitutability \| equal weighting \| aggregation

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Extent:	application/pdf
Series:	Human Development Research Papers (2009 to present).
Type of publication:	Book / Working Paper
Notes:	Published as background research for the 2010 Human Development Report. Number HDRP-2010-33 48 pages
Classification:	C43 - Index Numbers and Aggregation ; O15 - Human Resources; Income Distribution; Migration
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008837639