This paper devises a new indicator (ArCo) of technological capabilities that aims at accounting for developed and developing countries. Building on similar attempts as those devised by UN Agencies, including the UNDP Human Development Report's Technology Achievement Index (TAI) and UNIDO's...

This article presents new international estimates of human capital for the period 1970–2003. The new latent index is used to re-examine the Benhabib and Spiegel (2005) model of technology diffusion in a horse-race with the competing indicators of Barro and Lee (2010) and Hanushek and Wößmann...

One of the most frequent critiques of the HDI is that is does not take into account inequality within countries in its three dimensions. In this paper, we apply a simply approach to compute the three components and the overall HDI for quintiles of the income distribution. This allows a...