Question

In: Economics

the country name: Kuwait. 1.Please write down the derivation of the health index for Kuwait in...

the country name: Kuwait.

1.Please write down the derivation of the health index for Kuwait in 2018. You have to show the equation that leads you to the value of the health index. Make sure to plug in all relevant values into said equation. Reporting only health index values will receive no partial credits.

2.Please write down the derivation of the education index for Kuwait in 2018. You have to show the equations that lead you to the value of the health index. Make sure to plug in all relevant values into said equations. Note that there are two components of the education index. You need to show three equations in this question: one for each component, and one combining the components together to get the value of the education index. Reporting only the education index value will receive no partial credits.

3.Please write down the population-weighted average of your assigned indicator for the Arab world to which your assigned country belongs. You have to show the arithmetic equation that leads you to the population-weighted average. Reporting only the population-weighted average value will receive no partial credits.

Expert Solution

he HDI is the geometric mean of the three dimentional indices:

HDI = (I_Health * I_Education * I_Income)^1/3

The dimension indices are calculated as:

dimension index =

1. The health index for Kuwait in 2018.

Life expectancy at birth in Kuwait in 2018 is 75.4

Health Index of Kuwait =

2. The education index for Kuwait in 2018.

Expected years of schooling of Kuwait in 2018 is 13.8

Mean years of schooling of Kuwait in 2018 is 7.3

Expected years of schooling index of Kuwait =

Mean years of schooling index of Kuwait =

Education Index of Kuwait =

Rahul Sunny answered 1 year ago

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