Foreign Capital Flows and the Efficiency of the HDI Dimensions

Arcelus Francisco J (), Basu Sharma and Srinivasan Gopalan ()
Additional contact information
Arcelus Francisco J: Universidad Pública de Navarra
Srinivasan Gopalan: University of New Brunswick

Global Economy Journal, 2005, vol. 5, issue 2, 14

Abstract: This paper examines the impact of the various types of foreign capital flows (or FCF) on the efficiency with which countries transform their respective resources into the achievements associated with the three dimensions (Life expectancy or LI, Educational attainment or EI and wealth or WI) of the Human Development Index. An important result is the identification of returns to scale as the main factor preventing some countries from achieving the total efficiency level assumed by standard economic analysis, if decision-making units (DMUs) or countries in this case, working along their respective production possibility frontiers, wish achieve the goal of optimizing the utilization of their resources.

Keywords: Human Development Index; Data Envelopment Analysis; Efficiency; Foreign Capital Flows (search for similar items in EconPapers)
Date: 2005
References: View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://doi.org/10.2202/1524-5861.1058 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

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: https://EconPapers.repec.org/RePEc:bpj:glecon:v:5:y:2005:i:2:n:4

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/gej/html

DOI: 10.2202/1524-5861.1058

Access Statistics for this article

Global Economy Journal is currently edited by Jannett Highfill

More articles in Global Economy Journal from De Gruyter
Bibliographic data for series maintained by Peter Golla ().