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The United Nations Human Development Index (HDI) is arguably the most widely used alternative to gross domestic product for measuring national development. This is in large part due to its multidimensional nature, as it incorporates not only income, but also education and health. However, the...
Persistent link: https://www.econbiz.de/10014247965
characteristics, i.e. fundamental forces, against the alternative that there are poverty traps. Taking geographical variables as … fundamental characteristics, we find that we can reject fundamental forces in favor of a poverty trap model with high and low …
Persistent link: https://www.econbiz.de/10012470001