It is not quite apples to apples.
First you need to consider that HDV and DVC Pro uses 2 different compression system – DCT vs MPEG.
Second DVC Pro is not full raster. At 720p, DVC Pro HD sample only form 960 lines in the luma channel and 480 lines in the chroma channel. So the data rate is only part of the story. DV25 samples from full res in both Y and C channels.
So comparing HDV and DVC Pro HD is not easy. I still prefer DVC PRo HD [easier to edit and 4:2:2] but shear data rate does not reveal why DVC Pro HD is superior.