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2018•Digital repository of the Polytechnic of Požega (Polytechnic of Požega)Open access

Human Development Index and Economic Indicators

Mirjana Radman-Funarić, Barbara Pisker, Helena Crnković

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Abstract

Using Human development index (HDI) to present human development has shown how economic indicators have extremely strong influence on its value, although HDI is composed of indicators the life expectancy and the educational attainment as well. Therefore, this paper objective is to examine the connection between HDI value and GNI per capita in Croatia in a period 1990-2015.The connection in between HDI value and GDP per capita, the indicator has also been examined, due to the fact how GDP is most commonly used in the presentation of economic results on the macro level. Both analyses have shown a very strong positive correlation in between income indexes and HDI.

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What this paper is about

Using Human development index (HDI) to present human development has shown how economic indicators have extremely strong influence on its value, although HDI is composed of indicators the life expectancy and the educational attainment as well. Therefore, this paper objective is to examine the connection between HDI value and GNI per capita in Croatia in a period 1990-2015.The connection in between HDI value and GDP per capita, the indicator has also been examined, due to the fact how GDP is most commonly used in the presentation of economic results on the macro level. Both analyses have shown a very strong positive correlation in between income indexes and HDI.

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Available abstract

Using Human development index (HDI) to present human development has shown how economic indicators have extremely strong influence on its value, although HDI is composed of indicators the life expectancy and the educational attainment as well. Therefore, this paper objective is to examine the connection between HDI value and GNI per capita in Croatia in a period 1990-2015.The connection in between HDI value and GDP per capita, the indicator has also been examined, due to the fact how GDP is most commonly used in the presentation of economic results on the macro level. Both analyses have shown a very strong positive correlation in between income indexes and HDI.

Key concepts: Human Development Index, Life expectancy, Per capita income, Index (typography), Economic indicator, Human development (humanity), Per capita, Economics

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