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The human development index is a weighted average of indexes of health, education and living standards. The fact that the logarithm of per capita
The human development index is a weighted average of indexes of health, education and living standards. The fact that the logarithm of per capita income is used to construct its index of living standards implies that an additional $100 per capita will not impact the value of the index. an additional $100 per capita will have a smaller impact on the relative value of the index of a poor country compared to a rich country. an additional $100 per capita will have a bigger impact on the relative value of the index of a poor country compared to a rich country. an additional $100 per capita will have the same impact on the relative value of the index of a poor country compared to a rich country.
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