The implicit equidistributional bias of human development
Guido Lüchters and
Lukas Menkhoff
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Guido Lüchters: University of Bonn, Germany, Postal: University of Bonn, Germany
Journal of International Development, 2000, vol. 12, issue 5, 613-623
Abstract:
The innovation of HDI versus GDP measurement significantly prefers countries with a more equal income distribution. This result also holds true for different data definitions and several indicators of distribution. It is also robust against some degree of error in the input data, identified using Monte Carlo simulations. The HDI thus reveals a clear implicit value judgement compared with GDP measurement. It provides an established distribution-sensitive measure of development. Copyright © 2000 John Wiley & Sons, Ltd.
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:12:y:2000:i:5:p:613-623
DOI: 10.1002/1099-1328(200007)12:5<613::AID-JID640>3.0.CO;2-1
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