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Economic growth is not the unique factor to explain human development. Due to that many authors have prioritized studies to measure the Human Development Index. However, these indices do not analyze how Economic Complexity can increase Human Development. The aim of this paper is to determine the...
Persistent link: https://www.econbiz.de/10011763785
Economic development is a subject that generates much controversy, mainly because of the widening gaps between poor and rich nations. In the present paper, we intend to identify and explain the differences that exist both between and within the European Union states, from an economic development...
Persistent link: https://www.econbiz.de/10010859877
This paper analyzes the effects of increased trade and investment on population growth and the quality of life in the U.S. and Mexican border regions. The analysis on quality of life changes is based on 1990 and 2000 U.S. and Mexican census data. Quality of life is measured by a Border Human...
Persistent link: https://www.econbiz.de/10011213156
In a report from 2008 the Organization for Economic Cooperation and Development came to the conclusion that Portugal is still a country very much marked by regional asymmetries and in need of better regional governance mechanisms and policies. In the face of these conclusions it becomes...
Persistent link: https://www.econbiz.de/10009646050
The Human Development Index (HDI) is widely used as an aggregate measure of overall human well-being. We examine the allocations implied by the maximization of this index using a standard growth model. Maximization of the HDI leads to consumption (excluding education and health expenditures)...
Persistent link: https://www.econbiz.de/10010551738
We consider a weighting scheme that yields a best-case scenario for measured human development such as the official equally-weighted Human Development Index (HDI) using an approach that relies on consistent tests for stochastic dominance efficiency (SDE). We compare the official equally-weighted...
Persistent link: https://www.econbiz.de/10010554715
We consider a weighting scheme that yields the best-case scenario measurement of the Human Development Index (HDI) using an approach that relies on consistent tests for stochastic dominance efficiency (SDE). We compare a given hybrid composite index such as the official equally-weighted HDI to...
Persistent link: https://www.econbiz.de/10010555034
The human development index (HDI) is a measure of development published annually by the UNDP. This index allows countries’ development to be assessed on the basis of three indicators that measure the health, education, and standard of living of the population. The UNDP also computes a human...
Persistent link: https://www.econbiz.de/10008693097
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