Composite Indices of Human Well-being: Past, Present, and Future
This paper surveys the various composite well-being indices that have been inter-country assessments over the last 40 or soy ears, including the well known Human Development Index (HDI). A number of issues are considered, including the choice of components, component weights, scale equivalence, non-linearity, correlations among components and the policy relevance of such measures. [ResearchPaperNo.2004/63]
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|Date of creation:||2004|
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