Implicit Assumptions when Measuring in Economics: The Human Development Index (HDI) as a Case Study

Authors

  • Cecilia Adrogué Universidad de San Andrés
  • Ricardo Crespo Universidad Austral

Keywords:

HUMAN DEVELOPMENT, UNITED NATIONS, INDEXES, MEASUREMENT

Abstract

In the present study, the authors analyze the HDI of the United Nations Human Development Program. They intend to show that there are underlying technical and practical assumptions. Not all of them, however, are sufficiently explained or argued. First, Adrogué and Crespo discuss why they consider it as a relevant case of study. Then, the history and the description of the HDI are provided. Thirdly, the difficulties of the index numbers and specifically of the HDI, are explained. Next, the underlying practical assumptions are shown. Finally the authors present their main conclusions and some suggestions about how they believe the index can be improved

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Published

2019-11-15

How to Cite

Adrogué, C., & Crespo, R. (2019). Implicit Assumptions when Measuring in Economics: The Human Development Index (HDI) as a Case Study. Cultura Económica, 28(79), 33–42. Retrieved from https://e-revistas.uca.edu.ar/index.php/CECON/article/view/2543