Regional Economics: Theory and Practice
 

Human Development Index as a summary index of living standards in the Novosibirsk oblast, Siberian Federal District, and the Russian Federation: A comparative analysis

Vol. 15, Iss. 11, NOVEMBER 2017

Received: 6 September 2017

Received in revised form: 28 September 2017

Accepted: 16 October 2017

Available online: 15 November 2017

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: O15

Pages: 2152–2166

https://doi.org/10.24891/re.15.11.2152

Vasilenko T.A. Novosibirsk State Pedagogical University, Novosibirsk, Russian Federation vastimand@gmail.com

Importance This article discusses the trends in the changes of Human Development Index (HDI) as an aggregate measurement of the living standard of the population of the Novosibirsk oblast, Siberian Federal District, and the Russian Federation.
Objectives The article aims to assess the changes and current state of the Human Development Index and its components in the mentioned regions.
Methods For the study, I used the analytical and graphical methods, as well as aggregation and comparison. The works by domestic and foreign scientists are the study's theoretical background. The UN Annual Reports on Human Development and materials of the Russian Federal State Statistics Service are the informational background.
Results The article presents an analysis of the changes and current state of the Human Development Index and its components in the Novosibirsk oblast, Siberian Federal District, and the Russian Federation. The article describes the assumptions and fundamental strengths and weaknesses of the Human Development Index as generalizing characteristics of the population's standard of living.
Conclusions and Relevance Through the Human Development Index, it is possible to assess economic growth, social changes and the social and economic policies of the State at both the regional and international levels. The HDI components reflect the main aspects of the population's standard of living and can be used as indicators for the implementation of various federal and regional programs.

Keywords: standard of living, human development index, life expectancy index, education index, income index

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