EconPapers    
Economics at your fingertips  
 

Human Development Index: A Non-Compensatory Assessment

Sebastián Lozano Segura () and Ester Gutiérrez Moya ()

Revista Cuadernos de Economía, 2009

Abstract: The Human Development Index is a summary measure of Human Development on three basic dimensions: longevity, knowledge and standard of living. An index is computed for each of these three dimensions and a simple average computed. In this paper we adopt a Non-Compensatory perspective that considers that deprivation in any one of these basic dimensions cannot be compensated by achievements in any other. Consistent with this view, we propose to use the minimum of the component indexes instead of the arithmetic average. We present the results of this re-assessment of the HDI for the last five years’ data. Although correlated with the HDI, this NCHDI gives a different ranking of the countries and, above all, provides new insights into imbalances within the HDI. The new index can also be used at the national and local levels.

Date: 2009
View list of references

Downloads: (external link)
http://www.fce.unal.edu.co/media/files/documentos/ ... 8n50_lozano_2009.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:col:000093:005899

Access Statistics for this article

More articles in Revista Cuadernos de Economía from UNIVERSIDAD NACIONAL DE COLOMBIA - RCE
Series data maintained by Juan Carlos García Sáenz ().

 
Page updated 2009-11-23
Handle: RePEc:col:000093:005899