Testing for the implicit weights of the dimensions of the Human Development Index using stochastic dominance

Mehmet Pinar; Stengos Thanasis; Nikolas Topaloglou

doi:10.1016/j.econlet.2017.09.023

Testing for the implicit weights of the dimensions of the Human Development Index using stochastic dominance

Mehmet Pinar, Stengos Thanasis, Nikolas Topaloglou

Business School

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Abstract

In 2010, United Nations’ Development Programme changed the indicators used to obtain education and income indices in the Human Development Index (HDI). In this paper, we use the Stochastic Dominance Efficiency methodology to evaluate the implicit weights of the dimensions used in the new measurement of the HDI. We find, contrary to the earlier literature, that the implicit weight attached to the education dimension is relatively low suggesting that it is relatively harder to achieve high scores in this dimension compared to other dimensions.

Original language	English
Pages (from-to)	38-42
Journal	Economics Letters
Volume	161
Early online date	28 Sept 2017
DOIs	https://doi.org/10.1016/j.econlet.2017.09.023
Publication status	E-pub ahead of print - 28 Sept 2017

Keywords

Well-being
Human development
Composite indices
Nonparametric stochastic dominance

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Author accepted manuscript - EL 161 - 38-42.pdfAccepted author manuscript, 941 KBLicence: CC BY-NC-ND

http://www.sciencedirect.com/science/article/pii/S0165176517303907

Cite this

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title = "Testing for the implicit weights of the dimensions of the Human Development Index using stochastic dominance",

abstract = "In 2010, United Nations{\textquoteright} Development Programme changed the indicators used to obtain education and income indices in the Human Development Index (HDI). In this paper, we use the Stochastic Dominance Efficiency methodology to evaluate the implicit weights of the dimensions used in the new measurement of the HDI. We find, contrary to the earlier literature, that the implicit weight attached to the education dimension is relatively low suggesting that it is relatively harder to achieve high scores in this dimension compared to other dimensions.",

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AU - Thanasis, Stengos

AU - Topaloglou, Nikolas

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N2 - In 2010, United Nations’ Development Programme changed the indicators used to obtain education and income indices in the Human Development Index (HDI). In this paper, we use the Stochastic Dominance Efficiency methodology to evaluate the implicit weights of the dimensions used in the new measurement of the HDI. We find, contrary to the earlier literature, that the implicit weight attached to the education dimension is relatively low suggesting that it is relatively harder to achieve high scores in this dimension compared to other dimensions.

AB - In 2010, United Nations’ Development Programme changed the indicators used to obtain education and income indices in the Human Development Index (HDI). In this paper, we use the Stochastic Dominance Efficiency methodology to evaluate the implicit weights of the dimensions used in the new measurement of the HDI. We find, contrary to the earlier literature, that the implicit weight attached to the education dimension is relatively low suggesting that it is relatively harder to achieve high scores in this dimension compared to other dimensions.

KW - Well-being

KW - Human development

KW - Composite indices

KW - Nonparametric stochastic dominance

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DO - 10.1016/j.econlet.2017.09.023

M3 - Article (journal)

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VL - 161

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EP - 42

JO - Economics Letters

JF - Economics Letters

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Testing for the implicit weights of the dimensions of the Human Development Index using stochastic dominance

Abstract

Keywords

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