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A New Approach to Human Development Index

Bibliographic Data

ID9256312
AuthorsKrishna Mazumdar (0000-0002-7635-2294, corresponding author)
Year2003
Volume61
Issue4
Pages535-549
Publication date2003-12-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueReview of Social Economy (JOURNAL)
Journal identifiersISSN: 0034-6764 • E-ISSN: 1470-1162
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/0034676032000160895
OpenAlexW2092729587
LanguageEN
Citations received16
References cited13

Human development Index (HDI) was introduced by the United Nations Development Programme (UNDP) in 1990. For the first four years UNDP used the maximum and the minimum values of the data series to standardize the variables. In 1994 the procedure of standardization was modified with the introduction of arbitrary fixed minimum and maximum values for each variable. Both methods have merits and demerits. The present study proposes an alternative measure of estimating HDI which bridges the gap between the methods of computing HDI proposed by the UNDP in 1990 and 1994. This study also incorporates unadjusted per capita real gross domestic product (PCRGDP) instead of adjusted PCRGDP used by the UNDP. The data from the Human Development Report (HDR) 2000 for 174 countries are used to test the robustness of the suggested index and the results are compared to those of the HDI. Also average values for full sample as well as top 20 percent and bottom 20 percent are offered to show the superiority of our method to that of the UNDP's HDI

Econometrics · Economic growth · Economics · Gross domestic product · Human development (humanity) · Human Development Index · Human Development Report · Index (typography) · Per capita · Population · Robustness (evolution) · Statistics · Computer Science · Demography · Income, Poverty, and Inequality · International Development and Aid · Mathematics · Poverty, Education, and Child Welfare

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Unique citing works16
Citations per year0,84
Citation span2007 - 2025 (19)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 14

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