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The human development index as a criterion for optimal planning
Author(s) -
Merwan Engineer,
Ian King,
Nilanjana Roy
Publication year - 2008
Publication title -
indian growth and development review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.162
H-Index - 12
eISSN - 1753-8262
pISSN - 1753-8254
DOI - 10.1108/17538250810903774
Subject(s) - human development index , economics , human development (humanity) , index (typography) , capability approach , welfare , ranking (information retrieval) , public economics , human development report , inequality , value (mathematics) , econometrics , economic growth , computer science , mathematics , statistics , market economy , mathematical analysis , machine learning , world wide web
Planning strategies that maximize the Human Development Index (HDI) imply equitable outcomes - even though inequality aversion is not in the index it self. Moreover, the weight on income in the HDI plays only an indirect role in determining optimal allocations.

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