Page 675 - index
P. 675

LIVING STANDARD

                 Human  development  index  (HDI)  is  a  composite  measure  of  human
           development in three basic dimensions: Health (as measured by life expectancy
           at  birth);  Knowledge  (as  measured  by  the  education  index);  and  Income  (as
           measured by gross national income per capita).

                 HDI’s value ranges from 0 to 1. The nearer the HDI reach to 1, the higher
           human development is, and vice versa.

                 To calculate the HDI, the following formula is used:
                                                               1/3
                                 HDI = (I health × I education × I income)
                 Where:

                 (1) I health: Index of average life expectancy at birth.

                 (2) I education: Education index measured as geometric mean of two indices:
           mean years of schooling and expected years of schooling.

                 - Mean years of schooling measured as years of schooling for adults ages
           25 and older divided by total population aged 25 and older.
                 - Expected years of schooling refer to years that a 5-year-old child will
           spend with his education in his/her whole life. It is assumed that possibility of
           schooling application at any specific age is equal to enrollment rate at that age.

                 Formula:


                              SLE   a   t  n  E t i t         t  E t unknown
                                      
                                              
                                      i a  P i  l literacy  P      l
                                                     age of  education level
                                                                   D l
                     t
                 SLE : Expected years of schooling aged from a to t;
                     a
                   t
                 E :  Number  of  pupils/students  attending  school  at  right  age  (where
                  i
           i   a, a+1,…,n); n expresses schooling age limit;
                  t
                 P :  Population  at  school  age  in  year  t.  Age  of  level  1  expresses
                  i
           population in primary education;
                 D l: Primary education period;



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