The human development index as a criterion for optimal planning

King, Ian; Engineer, Merwan; Roy, Nilanjana

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The human development index as a criterion for optimal planning

Engineer, Merwan; King, Ian; Roy, Nilanjana

Cite this item: Engineer, M., King, I., & Roy, N. (2005). The human development index as a criterion for optimal planning (Economics Discussion Papers Series No. 517). University of Otago. Retrieved from http://hdl.handle.net/10523/889

Permanent link to OUR Archive version: http://hdl.handle.net/10523/889

Date: 2005-12

Publisher: University of Otago

Pages: 9

Series: Economics Discussion Papers Series

Series number: 517

Keywords: human development index; planning

Research Type: Discussion Paper

Abstract:

Planning strategies that maximize the Human Development Index (HDI) imply equitable outcomes – even though inequality aversion is not in the index itself. Moreover, the weight on income in the HDI plays only an indirect role in determining optimal allocations.

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