The human development index: Suggested corrections

From: Banca Nazionale del Lavoro Quarterly Review | Date: June 1, 1998| Author: | Copyright information

The Human Development Index: Suggested Corrections

1. Introduction the three factors that go to make up the index - income, life eYnentanov ancl literacv - have not heen chan*ed altholl*h the the three factors that go to make up the index - income, life expectancy, and literacy - have not been changed, although the methods of computing these indicators have been adjusted;

it) there has been no change in the two assumptions implicit in the construction of the index: complete substitutability among the three variables and equal weighting of the three factors.

This paper deals specifically ...

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