Establishing the RIE index: a review of the components critical to progress measurement
Purpose – The main purpose of this paper is to propose a progress framework revolving around the utilisation of three key constructs: resources, infrastructure and environment (index). Design/methodology/approach – This paper utilises a composite indicator and an interdisciplinary approach to construct a comprehensive measure of progress. Findings – The findings reveal that the methodological approach employed above allows components that are vital to progress to be incorporated into a coherent framework. Research limitations/implications – The proposed progress framework could be applied to countries, or act as a foundation for future progress measures. It is also hoped to promote interdisciplinary research between schools. Originality/value – The paper proposes an alternative measure of progress for nations that has the capability to capture more aspects important to progress.
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Volume (Year): 37 (2010)
Issue (Month): 8 (July)
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References listed on IDEAS
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- Tatyana P. Soubbotina, 2004. "Beyond Economic Growth : An Introduction to Sustainable Development, Second Edition," World Bank Publications, The World Bank, number 14865.
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- Michael Freudenberg, 2003. "Composite Indicators of Country Performance: A Critical Assessment," OECD Science, Technology and Industry Working Papers 2003/16, OECD Publishing.
- Jean-Christophe Dumont & Georges Lamaitre, 2005. "Counting Immigrants and Expatriates in OECD Countries: A New Perspective," OECD Economic Studies, OECD Publishing, vol. 2005(1), pages 49-83.
- repec:tpr:qjecon:v:112:y:1997:i:4:p:1251-88 is not listed on IDEAS
- Harte, M. J., 1995. "Ecology, sustainability, and environment as capital," Ecological Economics, Elsevier, vol. 15(2), pages 157-164, November.
- Antonelli, Cristiano, 1999. "The Evolution of the Industrial Organisation of the Production of Knowledge," Cambridge Journal of Economics, Oxford University Press, vol. 23(2), pages 243-60, March.
- John F. Helliwell, 1996. "Economic Growth and Social Capital in Asia," NBER Working Papers 5470, National Bureau of Economic Research, Inc.
- Martinez-Alier, J., 1995. "The environment as a luxury good or "too poor to be green"?," Ecological Economics, Elsevier, vol. 13(1), pages 1-10, April.
- Frederik Booysen, 2002. "An Overview and Evaluation of Composite Indices of Development," Social Indicators Research, Springer, vol. 59(2), pages 115-151, August.
- Jean-Christophe Dumont & Georges Lemaître, 2005. "Counting Immigrants and Expatriates in OECD Countries: A New Perspective," OECD Social, Employment and Migration Working Papers 25, OECD Publishing.
- Norgaard, Richard B., 1989. "Three dilemmas of environmental accounting," Ecological Economics, Elsevier, vol. 1(4), pages 303-314, December.
- Lars Osberg & Andrew Sharpe, 2005. "How Should We Measure The "Economic" Aspects Of Well-Being? ," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 51(2), pages 311-336, 06.
- Lehtonen, Markku, 2004. "The environmental-social interface of sustainable development: capabilities, social capital, institutions," Ecological Economics, Elsevier, vol. 49(2), pages 199-214, June.
- Norton, Bryan G. & Noonan, Douglas, 2007. "Ecology and valuation: Big changes needed," Ecological Economics, Elsevier, vol. 63(4), pages 664-675, September.
- Maskell, Peter & Malmberg, Anders, 1999. "Localised Learning and Industrial Competitiveness," Cambridge Journal of Economics, Oxford University Press, vol. 23(2), pages 167-85, March.
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