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Lookup NU author(s): Dr Lee Stapleton,
Professor Guy Garrod
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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 Science+Business Media B.V. 2007.
Author(s): Stapleton LM, Garrod GD
Publication type: Article
Publication status: Published
Journal: Social Indicators Research
Print publication date: 01/11/2007
ISSN (print): 0303-8300
ISSN (electronic): 1573-0921
Publisher: Springer Netherlands
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