Progress in human development: Are we on the right path?
Hippu Salk Kristle Nathan and
Srijit Mishra ()
International Journal of Economic Policy in Emerging Economies, 2010, vol. 3, issue 3, 199-221
Abstract:
The conventional measure of the Human Development Index (HDI) is a linear average in three dimensions, HDI1. This is indifferent to uniformity in attainment across dimensions. An alternative, HDI2, based on the shortfall from the ideal using Euclidean distance, addresses the above anomaly. These two measures are used to analyse progress in human development for 127 countries over the period 1990-2004. Introducing the notion of an ideal path, measures of fluctuation and normalised-change are proposed. Empirical illustration highlights the pattern in Sub-Saharan countries, Commonwealth of Independent States (CIS), and some of the emerging economies.
Keywords: HDI; Human Development Index; ideal path; fluctuation measures; normalised change measures; sub-Saharan; CIS; Commonwealth of Independent States; emerging economies. (search for similar items in EconPapers)
Date: 2010
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Working Paper: Progress in Human Development - Are we on the right path? (2010) 
Working Paper: Progress in human development: Are we on the right path? (2010) 
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijepee:v:3:y:2010:i:3:p:199-221
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