Showing 1 - 10 of 14
In this paper we introduce five graphical statistical methods to compare countries level of development relative to other countries and across time. For this, we use seven panels of data on the Human Development Index and its components, containing information on more than 100 countries for more...
Persistent link: https://www.econbiz.de/10008673309
One of the most serious weaknesses of the human development index (HDI) is that it considers only average achievements and does not take into account the distribution of human development within a country or by population subgroups. All previous attempts to capture inequality in the HDI have...
Persistent link: https://www.econbiz.de/10008673310
This research provides a model of growth of the human development index (HDI) by examining past changes and levels of HDI and creates four ÒcohortsÓ of countries. Using a hypothetical cohort approach reveals a model of HDI growth. Generalized Estimating Equations are used to determine the...
Persistent link: https://www.econbiz.de/10008673312
As a measure of wellbeing, national income misses variations in the things income can and cannot buy. It also misses variations in people’s claim on that aggregate income. The Human Development Index attempts to address the first weakness by incorporating two additional dimensions, health and...
Persistent link: https://www.econbiz.de/10008674289
This paper argues that a capabilities-based approach to measuring human development, while predominantly utilized in the Global South, is pertinent to that of the Global North also. Using tools like the Human Development Index allows for a more comprehensive understanding of well-being than...
Persistent link: https://www.econbiz.de/10008674293
It is widely accepted that country-averages of income, literacy, life expectancy and other indicators conceal widespread human deprivation and inequality. The measures of human development based on these indicators are also averages, and therefore mask disparities in the overall population....
Persistent link: https://www.econbiz.de/10010843566
In 2010 the UNDP unveiled a new methodology for the calculation of the Human Development Index (HDI). In this paper I investigate the normative and practical properties of this change vis a vis the original formulation of the HDI in 1990. The main conceptual innovation of the new index can be...
Persistent link: https://www.econbiz.de/10010611329
We use two distinct panel datasets to extract and examine data on the labor share of output. From the first, we examine trends in the economy-wide labor share and from the second, we examine trends in the labor share of the manufacturing sector over the last three decades. Both datasets show...
Persistent link: https://www.econbiz.de/10010611334
This paper introduces a new and comprehensive Human Development Index (HDI) trends dataset for 135 countries and 40 years of annual data. We apply this dataset to answer several empirical questions related to the evolution of human development over the last 40 years. The data reveal overall...
Persistent link: https://www.econbiz.de/10010611335
Since its introduction in the first Human Development Report in 1990, the Human Development Index (HDI) has attracted great interest in policy and academic circles, as well as in the media and national audiences around the world. Its popularity can be attributed to the simplicity of its...
Persistent link: https://www.econbiz.de/10010611340