An Assessment of the Measurement Properties of the Human Development Index

  title={An Assessment of the Measurement Properties of the Human Development Index},
  author={I. M. Ivanova and Francisco J. Arcelus and Gopalan Srinivasan},
  journal={Social Indicators Research},
One of the more important determinants of the competitiveness of a nation is the quality of its human capital. The Human Development Index (HDI) is the most widely used yardstick of human development. It measures human development for all the countries of the world, through the use of three factors – longevity, knowledge and GDP measured in purchasing power. This paper evaluates HDI's contribution towards measuring the quality of the human capital component of a nation's competitiveness. Two… 

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