Weighting Socioeconomic Indicators of Human Development: A Latent Variable Approach

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Abstract

A. L. NAGAR and SUDIP RANJAN BASU National Institute of Public Finance and Policy, New Delhi, IndiaSince the national income was found inadequate to measure economic development, several composite measures have been proposed for this purpose [1-7]. They take into account more than one social indicator of economic development.

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Agricultural Economics and Practices Income, Poverty, and Inequality Quality of Life Measurement

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DOI: 10.1201/9780203911075-32

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Weighting Socioeconomic Indicators of Human Development: A Latent Variable Approach

Authors

Abstract

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Publication Details