ERIC Number: EJ786843
Record Type: Journal
Publication Date: 2007-Nov
Reference Count: 0
Keeping Things Simple: Why the Human Development Index Should Not Diverge from Its Equal Weights Assumption
Stapleton, Lee M.; Garrod, Guy D.
Social Indicators Research, v84 n2 p179-188 Nov 2007
Using a range of statistical criteria rooted in Information Theory we show that there is little justification for relaxing the equal weights assumption underlying the United Nation's Human Development Index (HDI) even if the true HDI diverges significantly from this assumption. Put differently, the additional model complexity that unequal weights add to the HDI more than counteracts the improvement in goodness-of-fit. This suggests that, in some cases, there may be limited validity in increasing the complexity of a range of other composite sustainability indices.
Springer. 233 Spring Street, New York, NY 10013. Tel: 800-777-4643; Tel: 212-460-1500; Fax: 212-348-4505; e-mail: firstname.lastname@example.org; Web site: http://www.springerlink.com
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Authoring Institution: N/A