Yet, Two More Revisions to the Human Development Index

Edsel Beja

Forum for Social Economics, 2014, vol. 43, issue 1, 27-39

Abstract: The Inequality-adjusted Human Development Index (IHDI) was adopted in the 20th anniversary edition of the Human Development Reports , in 2010. In using a penalty set-up for the calculations of the IHDI, however, the results overestimated the adjustments. This article suggests a revision to the procedure in order to harmonize the calculations with the underlying attainment set-up of the Human Development Index and minimize the bias in the adjustments. This article also suggests an extension to the IHDI, specifically the inclusion of a subjective measure of inequality in the calculation of the IHDI.

Date: 2014
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Working Paper: Yet, two more revisions to the Human Development Index (2012)
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DOI: 10.1080/07360932.2013.833129

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