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Measuring Human Capabilities (previously entitled "The Development of Capability Indicators and their Relation of Life Satisfaction")

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Author Info

  • Paul Anand

    ()
    (Department of Economics, Faculty of Social Sciences, The Open University)

  • Graham Hunter
  • Ian Carter
  • Keith Dowding
  • Francesco Guala
  • Martin Van Hees

Abstract

The paper is motivated by sustained interest in the capabilities approach to welfare economics combined with the purported paucity of economic statistics that measure capabilities at the individual level. Specifically, it takes a focal account of normatively desirable capabilities constitutive of a good life and operationalizes that account by means of a new survey instrument used to elicit information about capabilities at the individual level. The paper explores the extent to which these capabilities are co-variates of a life satisfaction measure of utility ('happiness') and finds that many are. Aspects of robustness are explored using standard socio-demographic variables as well as a relatively novel control for personality; in addition, a range of different models are explored and sub-population differences are examined.

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Bibliographic Info

Paper provided by The Open University, Faculty of Social Sciences, Department of Economics in its series Open Discussion Papers in Economics with number 53.

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Length: 37 pages
Date of creation: Sep 2005
Date of revision: Dec 2006
Handle: RePEc:opn:wpaper:53

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Related research

Keywords: capabilities; indicators; measurement; human development; welfare; happiness; life satisfaction; controls; personality;

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