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Yet, two more revisions to the Human Development Index

Edsel Beja

MPRA Paper from University Library of Munich, Germany

Abstract: The Inequality-adjusted Human Development Index (IHDI) was presented in the 20th anniversary edition of the Human Development Reports, in 2010. In using a penalty setup for the calculations of the IHDI, however, the results overestimate the adjustments on the HDI. This paper suggests a revision to the current procedure in order to make the calculations of the IHDI consistent with the attainment setup of the HDI. In turn, the paper also suggests another inequality adjustment that is based on the self-reported evaluations of domains.

Keywords: Human Development Index; objective inequality; subjective inequality (search for similar items in EconPapers)
JEL-codes: C43 D63 I31 I32 O15 (search for similar items in EconPapers)
Date: 2012-05-22
New Economics Papers: this item is included in nep-hap
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Journal Article: Yet, Two More Revisions to the Human Development Index (2014) Downloads
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