Gross Domestic product and Human Development Index: Two unrelated variables

Authors

  • Marlen Hernández Ortiz
  • Imelda Ortíz Medina
  • Jorge Martínez Pérez

DOI:

https://doi.org/10.61303/07172257.v29i44.155

Keywords:

Producto Interno Bruto, Índice de Desarrollo Humano, Correlación Bivariada, Coeficiente Pearson, Regresión Lineal

Abstract

Human development is the process in which a society want to improve the living conditions, there are countries that despite having a high real Gross Domestics Product (GDP), have a Human Development Index (HDI) low. This article analyzes the HDI and real GDP of two groups of countries; the 20 that have the highest development and the 20 that have the last development for the year 2018, both groups with their respective GDP. The Pearson correlation coefficient and simple linear regression are calculated for the HDI and real GDP variables for each the two groups. Once the statistical analysis was done, it was found the there is no correlation between these two variables, however, the mathematical equations derives from the regression show a negative β1 coefficient for developed countries and a positive one for low-developed countries. Which leads us to infer that the variations in GDP have different repercussions between development countries and those that are not.

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Published

2020-06-30

Issue

Section

Artículos

How to Cite

Hernández Ortiz, M., Ortíz Medina, I., & Martínez Pérez, J. (2020). Gross Domestic product and Human Development Index: Two unrelated variables. Revista De Ciencias Sociales, 29(44), 97-116. https://doi.org/10.61303/07172257.v29i44.155

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