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The Human Development Index Adjusted for Efficient Resource Utilization

Author

Listed:
  • Francisco J. Arcelus
  • Kanhaiya Lal Sharma
  • Gopalan Srinivasan

Abstract

The human development index (HDI) developed by the United Nations Development Programme is computed as the average of three equally weighted outcome measures: life expectancy (LI), educational attainment (EI) and income (WI). However, this computational process is independent of the resources being devoted by each country to the achievement of the three outcome levels. Hence, it is conceivable that two different countries may consume vastly different amount of resources in achieving the same outcome, say, LI.

Suggested Citation

  • Francisco J. Arcelus & Kanhaiya Lal Sharma & Gopalan Srinivasan, 2005. "The Human Development Index Adjusted for Efficient Resource Utilization," WIDER Working Paper Series RP2005-08, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2005-08
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    References listed on IDEAS

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    2. Iyad Dhaoui, 2019. "Achieving Sustainable Development Goals in MENA countries: an Analytical and Econometric Approach [Achèvement es objectifs de développement durable dans les pays de la région MENA: Une approche ana," Working Papers hal-02075484, HAL.
    3. Leßmann, Ortrud, 2011. "Empirische Studien zum Capability Ansatz auf der Grundlage von Befragungen: Ein Überblick," UFZ Discussion Papers 4/2011, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    4. Adler, Nicole & Yazhemsky, Ekaterina & Tarverdyan, Ruzanana, 2010. "A framework to measure the relative socio-economic performance of developing countries," Socio-Economic Planning Sciences, Elsevier, vol. 44(2), pages 73-88, June.
    5. Ayvar-Campos, Francisco & Navarro-Chávez, José César & Giménez, Víctor, 2020. "Generation and distribution of income in Mexico, 1990-2015," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 25(49), pages 163-180.
    6. Bernardo Campos Serra & Fernando Ribeiro Serra & Manuel Portugal Ferreira & Gabriela Gonçalves Fiates, 2010. "Fatores fundamentais para o desempenho de incubadoras," Working Papers 63, globADVANTAGE, Polytechnic Institute of Leiria.
    7. Swati Dutta, 2011. "Efficiency in Human Development Achievement," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 5(4), pages 421-450, November.
    8. mollaesmaeili dehshiri, hassan & sameti, Morteza & sameti, Majid, 2012. "Impact of Human Development Index and Rule of Law to Attract Foreign Direct Investment in Selected Developing Countries," MPRA Paper 81479, University Library of Munich, Germany.
    9. Dhaoui, Iyad, 2018. "Achieving Sustainable Development Goals in MENA countries: an Analytical and Econometric Approach," MPRA Paper 92471, University Library of Munich, Germany.

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