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Classification, Detection and Consequences of Data Error : Evidence from the Human Development Index
Wolff, Hendrik - 2010
We measure and examine data error in health, education and income statistics used to construct the Human Development Index. We identify three sources of data error which are due to (i) data updating, (ii) formula revisions and (iii) thresholds to classify a country's development status. We...
Persistent link: https://www.econbiz.de/10012462085
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Newer Need Not be Better : Evaluating the Penn World Tables and the World Development Indicators Using Nighttime Lights
Pinkovskiy, Maxim - 2016
Penn World Tables and of the World Development Indicators better estimate true income per capita. We find that revisions of …-price series in both PWT 8.0 and PWT 8.1, the two most recent vintages of the PWT. We additionally find that the World Development … Indicators are as good, and often better, measures of unobserved true income as are any recent vintages of the Penn World Tables …
Persistent link: https://www.econbiz.de/10012456459
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Biological Health Risks and Economic Development
Frankenberg, Elizabeth - 2015
With populations aging and the epidemic of obesity spreading across the globe, global health risks are shifting toward non-communicable diseases. Innovative biomarker data from recently conducted population-representative surveys in lower, middle and higher income countries are used to describe...
Persistent link: https://www.econbiz.de/10012457390
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Global High-Resolution Estimates of the United Nations Human Development Index Using Satellite Imagery and Machine-learning
Sherman, Luke; Proctor, Jonathan; Druckenmiller, Hannah; … - National Bureau of Economic Research - 2023
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
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Were COVID and the Great Recession Well-being Reducing?
Blanchflower, David G.; Bryson, Alex - National Bureau of Economic Research - 2023
' expectations of the economy and the labor market. Neither the UN's Human Development Index (HDI) nor data used in the World … Happiness Report from the Gallup World Poll shifted much in response to negative shocks. The HDI has been rising in the last …
Persistent link: https://www.econbiz.de/10014322884
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Happiness and the Human Development Index : Australia is Not a Paradox
Leigh, Andrew - 2006
in place of the HDI. Indeed, in the World Values Survey, only one other country (Iceland) has a significantly higher …
Persistent link: https://www.econbiz.de/10012466746
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Happiness and the Human Development Index : The Paradox of Australia
Blanchflower, David G. - 2005
According to the well-being measure known as the U.N. Human Development Index, Australia now ranks 3rd in the world and … have some of the lowest levels of job satisfaction in the world. Moreover, among the sub-sample of English-speaking nations …
Persistent link: https://www.econbiz.de/10012467263
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Using Spatial Factor Analysis to Measure Human Development
Qiu, Qihua - 2017
We propose a Bayesian factor analysis model as an alternative to the Human Development Index (HDI). Our model provides methodology which can either augment or build additional indices. In addition to addressing potential issues of the HDI, we estimate human development with three auxiliary...
Persistent link: https://www.econbiz.de/10012453762
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A Poor Means Test? Econometric Targeting in Africa
Brown, Caitlin - 2016
Proxy-means testing is a popular method of poverty targeting with imperfect information. In a now widely-used version, a regression for log consumption calibrates a proxy-means test score based on chosen covariates, which is then implemented for targeting out-of-sample. In this paper, the...
Persistent link: https://www.econbiz.de/10012455761
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Is GDP Becoming Obsolete? The "Beyond GDP" Debate
Hulten, Charles R.; Nakamura, Leonard Isamu - National Bureau of Economic Research - 2022
GDP is a closely watched indicator of the current health of the economy and an important tool of economic policy. It has been called one of the great inventions of the 20th Century. It is not, however, a persuasive indicator of individual wellbeing or economic progress. There have been calls to...
Persistent link: https://www.econbiz.de/10013334414