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Establishing the RIE index: a review of the components critical to progress measurement

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  • Riccardo Natoli
  • Segu Zuhair

Abstract

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.

Suggested Citation

  • Riccardo Natoli & Segu Zuhair, 2010. "Establishing the RIE index: a review of the components critical to progress measurement," International Journal of Social Economics, Emerald Group Publishing, vol. 37(8), pages 574-591, July.
  • Handle: RePEc:eme:ijsepp:v:37:y:2010:i:8:p:574-591
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    References listed on IDEAS

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    1. John F. Helliwell, 1996. "Economic Growth and Social Capital in Asia," NBER Working Papers 5470, National Bureau of Economic Research, Inc.
    2. Stephen Knack & Philip Keefer, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, Oxford University Press, vol. 112(4), pages 1251-1288.
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    5. Berkes, Fikret & Folke, Carl, 1992. "A systems perspective on the interrelations between natural, human-made and cultural capital," Ecological Economics, Elsevier, vol. 5(1), pages 1-8, March.
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    7. Maskell, Peter & Malmberg, Anders, 1999. "Localised Learning and Industrial Competitiveness," Cambridge Journal of Economics, Oxford University Press, vol. 23(2), pages 167-185, March.
    8. Jean-Christophe Dumont & Georges Lamaitre, 2006. "Counting Immigrants and Expatriates in OECD Countries: A New Perspective," OECD Economic Studies, OECD Publishing, vol. 2005(1), pages 49-83.
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    10. Norton, Bryan G. & Noonan, Douglas, 2007. "Ecology and valuation: Big changes needed," Ecological Economics, Elsevier, vol. 63(4), pages 664-675, September.
    11. Harte, M. J., 1995. "Ecology, sustainability, and environment as capital," Ecological Economics, Elsevier, vol. 15(2), pages 157-164, November.
    12. M. Saisana & A. Saltelli & S. Tarantola, 2005. "Uncertainty and sensitivity analysis techniques as tools for the quality assessment of composite indicators," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 168(2), pages 307-323.
    13. Lehtonen, Markku, 2004. "The environmental-social interface of sustainable development: capabilities, social capital, institutions," Ecological Economics, Elsevier, vol. 49(2), pages 199-214, June.
    14. Jean-Christophe Dumont & Georges LemaƮtre, 2005. "Counting Immigrants and Expatriates in OECD Countries: A New Perspective," OECD Social, Employment and Migration Working Papers 25, OECD Publishing.
    15. Michael Freudenberg, 2003. "Composite Indicators of Country Performance: A Critical Assessment," OECD Science, Technology and Industry Working Papers 2003/16, OECD Publishing.
    16. 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.
    17. Tatyana P. Soubbotina, 2004. "Beyond Economic Growth : An Introduction to Sustainable Development, Second Edition," World Bank Publications, The World Bank, number 14865.
    18. Frederik Booysen, 2002. "An Overview and Evaluation of Composite Indices of Development," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 59(2), pages 115-151, August.
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    Cited by:

    1. Riccardo Natoli & Segu Zuhair, 2013. "The Resource-Infrastructure-Environment Index for Measuring Progress: An Application to Australia, Mexico and the US," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 110(1), pages 31-54, January.

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