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This paper surveys the various composite well-being indices that have been inter-country assessments over the last 40 or so years, including the well known Human Development Index (HDI). A number of issues are considered, including the choice of components, component weights, scale equivalence,...
Persistent link: https://www.econbiz.de/10010284561
The concept of convergence is extended to the human development index. Evidence of weak absolute convergence is found over 1975-2002. The results are robust and verified by various conditional -convergence models and also supported by the evidence of weak -convergence. Population weighted...
Persistent link: https://www.econbiz.de/10010284714