An Axiomatization of the Human Development Index

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type , Preprint 01 Jan 2011 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Eduardo Zambrano;

doi: 10.2139/ssrn.1898379 , 10.1007/s00355-013-0756-9

An Axiomatization of the Human Development Index

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Abstract

The main goal of this paper is the presentation of an axiomatic definition of the Human Development Index (HDI) formulated in 1990 year by the Union Nations Development Program (UNDP). The presented definition is compatible with the new HDI calculation methodology unveiled by the UNDP in 2010. Some properties of the introduced generalized HDI are discussed. All necessary mathematical proofs are presented. Some examples of the generalized non-classical HDI are given.

Related Organizations

California State Polytechnic University
United States
California Polytechnic State University
United States

Keywords

Statistical methods; economic indices and measures, economic indices and measures, statistical methods in economics, Human Development Index, Capabilites, jel: jel:D63, jel: jel:O15

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