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The implicit equidistributional bias of human development
Author(s) -
Lüchters Guido,
Menkhoff Lukas
Publication year - 2000
Publication title -
journal of international development
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.533
H-Index - 66
eISSN - 1099-1328
pISSN - 0954-1748
DOI - 10.1002/1099-1328(200007)12:5<613::aid-jid640>3.0.co;2-1
Subject(s) - judgement , econometrics , distribution (mathematics) , measure (data warehouse) , economics , income distribution , monte carlo method , value (mathematics) , development (topology) , mathematics , statistics , computer science , inequality , data mining , political science , mathematical analysis , law
The innovation of HDI versus GDP measurement significantly prefers countries with a more equal income distribution. This result also holds true for different data definitions and several indicators of distribution. It is also robust against some degree of error in the input data, identified using Monte Carlo simulations. The HDI thus reveals a clear implicit value judgement compared with GDP measurement. It provides an established distribution‐sensitive measure of development. Copyright © 2000 John Wiley & Sons, Ltd.