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Setting the Stage: Types of Measures and Alternative Notions of Development,ures and specifying which particular type of measure we shall focus on in our context. Moreover, how we measure development is obviously also related to what we mean by development. The existing literature contains a number of alternative views in this regard. This chapter provides a detailed discus
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Toward an Inequality-Sensitive Measure of Development: The Unidimensional Case, is a single dimension of development (say, income). Part of the theory is concerned with the question how we should measure inequality. However, . ranking is only one part of development ranking. The efficiency aspect is also to be taken into account. The important question for us is whether we can
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Illustrative Applications of Unidimensional Development Indices,application to the problem of studying ., it considers the Indian economy in the recent decades and studies (separately) the cases in which consumer expenditure (as proxy for income) and wealth are the relevant dimensions of development. As a .-. application, it compares the levels of development of
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Multidimensional Lorenz Dominance,ensitive measure of development, we first consider the problem of how to measure .. This is the subject matter of this chapter. As in the unidimensional case, here again, inequality can be measured in various ways. Again, however, there is no guarantee that if inequality as measured by a particular
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Overview and Concluding Remarks,hose in the existing literature on the subject. It does not aspire to present an exhaustive survey of all ranking rules. The purpose here is only to highlight the basic differences of approach. We discuss the rankings obtained from the Human Development Index (HDI) and the Better Life Index (BLI). W
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978-981-15-6163-4The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapor
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Measuring Development978-981-15-6161-0Series ISSN 2730-5597 Series E-ISSN 2730-5600