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The popularly known Human Development Index (HDI) is obtained through linear averaging (LA) of indices in three dimensions - health, education and standard of living. LA method assumes perfect substitutability among the indices. We question its appropriateness and propose an alternative measure,...
Persistent link: https://www.econbiz.de/10005537296
The popularly known Human Development Index (HDI) is obtained through linear averaging (LA) of indices in three dimensions- health, education and standard of living. This paper questions the appropriateness of LA method and proposes an alternative measure, which is the inverse of the Euclidian...
Persistent link: https://www.econbiz.de/10004980021
Persistent link: https://www.econbiz.de/10009301834
We impose a value judgment that a decrease in failure should be accompanied by a decrease in gap (difference or ratio) between sub-groups. In other words, the same gap at lower levels of failure is to be considered worse off. This, in line with transfer sensitivity axiom of poverty indices, is...
Persistent link: https://www.econbiz.de/10013132575
The conventional measure of the Human Development Index (HDI) is a linear average in three dimensions, HDI1. This is indifferent to uniformity in attainment across dimensions. An alternative, HDI2, based on the shortfall from the ideal using Euclidean distance, addresses the above anomaly. These...
Persistent link: https://www.econbiz.de/10013125064
Persistent link: https://www.econbiz.de/10008856651
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Provision of modern energy services for cooking (gaseous fuels) and lighting (electricity) is an essential component of any policy aiming to address health, education or welfare issues; yet it gets little attention from policy-makers. Secure, adequate, low-cost energy of quality and convenience...
Persistent link: https://www.econbiz.de/10005537301
The selection of optimum number of indicators is the key to any Sustainable Development Indicator (SDI) research. Indicators, too less in number may be inadequate to convey the message and; too many may dilute the purpose. To arrive at a limited number of indicators from a larger set of potential...
Persistent link: https://www.econbiz.de/10008506508
There was a boom in the development of sustainable development indicators (SDIs) after notion of sustainability became popular through Bruntland Commission's report. Since then numerous efforts have been made worldwide in constructing SDIs at global, national and local scales, but in India not a...
Persistent link: https://www.econbiz.de/10005342044