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Human Assets Index: Insights from a Retrospective Series Analysis

Author

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  • Sosso Feindouno

    (University Clermont Auvergne)

  • Michael Goujon

    (University Clermont Auvergne)

Abstract

We build retrospective series for the Human Assets Index from the United Nations—Committee for Development Policy data. The HAI is a composite index which includes health and education components. Our series cover 145 developing countries for the period 1990–2014. The analysis provides insights into the changes in the HAI and its distribution for different groups of Developing Countries. We discuss the importance of the HAI’s components by considering the weight given to them in the index. We propose a new weighting scheme which is optimized based on the correlation ratio and linearity (nonlinearity) relationship between components, and we present the country ranking changes due to the optimized HAI.

Suggested Citation

  • Sosso Feindouno & Michael Goujon, 2019. "Human Assets Index: Insights from a Retrospective Series Analysis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(3), pages 959-984, February.
    • Handle: RePEc:spr:soinre:v:141:y:2019:i:3:d:10.1007_s11205-018-1870-y
    DOI: 10.1007/s11205-018-1870-y
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    1. Ousmane Traoré, 2020. "Economic Growth and Human Capital Accumulation across Countries: Evidence from WAEMU Region," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 26(2), pages 147-159, May.

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