An Axiomatic Foundation of the Multiplicative Human Development Index

An Axiomatic Foundation of the Multiplicative Human Development Index
复制标题

DOI:
10.1111/roiw.12370
复制
发表时间:
2018-08
期刊:
ERN: Other Macroeconomics: Employment
影响因子:
--
通讯作者:
Yoko Kawada;Yuta Nakamura;Shuhei Otani
Yoko Kawada;Yuta Nakamura;Shuhei Otani
中科院分区:
其他
文献类型:
--
作者:
Yoko Kawada;Yuta Nakamura;Shuhei Otani

文献摘要

被引文献

相似文献

2010年,人类发展指数(HDI)中的聚集公式改为几何平均。在这篇文章中,我们寻求采用这个新的HDI公式的理论依据。首先,我们找到了一类指标函数的极大类,我们称之为拟几何平均,它满足特征的对称性、正规化和可分性。其次,我们证明了幂平均是唯一满足齐性的拟几何平均。最后,新的HDI是唯一满足极小下界的幂平均,这是由Herrero,Martinez和Villar(2010)提出的局部可互补性公理。
The aggregation formula in the Human Development Index (HDI) was changed to geometric mean in 2010. In this paper, we search for a theoretical justification for employing this new HDI formula. First, we find a maximal class of index functions, what we call quasi-geometric means, that satisfy symmetry for the characteristics, normalization, and separability. Second, we show that power means are the only quasi-geometric means satisfying homogeneity. Finally, the new HDI is the only power mean satisfying minimal lower boundedness, which is a local complementability axiom proposed by Herrero, Martinez, and Villar (2010).