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Sajith G G

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Papers by Sajith G G

Research paper thumbnail of Asis Kumar Banerjee, Measuring Development: An Inequality Dominance Approach

Book Reviews a chapter at least focusing on the Asian countries and African countries because the... more Book Reviews a chapter at least focusing on the Asian countries and African countries because these countries are also affected a lot since the outbreak. While criticising, it is also true that the book published just when the pandemic started, thus, the longterm impact was out of scope of the book. I want to end saying that this is a must read for the academicians and researchers because the facts and the lacunas of the laws are very well analysed throughout.

Research paper thumbnail of Applicability of Human Development Index for Measuring Economic Well-being: A Study on GDP and HDI Indicators from Indian Context

The Indian Economic Journal ; SAGE Journals, 2021

The tracking of gross domestic product (GDP) as a measure of well-being of the society or human-b... more The tracking of gross domestic product (GDP) as a measure of well-being of the society or human-being has been debated by many researchers and economists (Elizabeth, 2007; Abhinav, 2014; Deb, 2015) There are many deficiencies in tracking GDP as the economic development indicator, as it does not capture the inequality or true development of Human-being. Noted economist Mehbub ul Haq's human development project defined a composite matrix which captures the life expectancy, education and per capita indicators in one matrix. This was developed to track as a development indicator of human welfare. In the previous studies, the GDP or GDP per capita was regressed with the Human Development Index (HDI) composite index and indicated a direct correlation between the two variables. However, this article examines the contribution of the income component in the HDI index by recalculating the composite matrix. This article also qualitatively examines the ability of HDI index to measure the human development parameters. JEL Classification Codes: E01, I12, O1

Research paper thumbnail of Asis Kumar Banerjee, Measuring Development: An Inequality Dominance Approach

Book Reviews a chapter at least focusing on the Asian countries and African countries because the... more Book Reviews a chapter at least focusing on the Asian countries and African countries because these countries are also affected a lot since the outbreak. While criticising, it is also true that the book published just when the pandemic started, thus, the longterm impact was out of scope of the book. I want to end saying that this is a must read for the academicians and researchers because the facts and the lacunas of the laws are very well analysed throughout.

Research paper thumbnail of Applicability of Human Development Index for Measuring Economic Well-being: A Study on GDP and HDI Indicators from Indian Context

The Indian Economic Journal ; SAGE Journals, 2021

The tracking of gross domestic product (GDP) as a measure of well-being of the society or human-b... more The tracking of gross domestic product (GDP) as a measure of well-being of the society or human-being has been debated by many researchers and economists (Elizabeth, 2007; Abhinav, 2014; Deb, 2015) There are many deficiencies in tracking GDP as the economic development indicator, as it does not capture the inequality or true development of Human-being. Noted economist Mehbub ul Haq's human development project defined a composite matrix which captures the life expectancy, education and per capita indicators in one matrix. This was developed to track as a development indicator of human welfare. In the previous studies, the GDP or GDP per capita was regressed with the Human Development Index (HDI) composite index and indicated a direct correlation between the two variables. However, this article examines the contribution of the income component in the HDI index by recalculating the composite matrix. This article also qualitatively examines the ability of HDI index to measure the human development parameters. JEL Classification Codes: E01, I12, O1

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