Operationalization and Estimation of Balanced Development Index for Poland 1999-2016
Andrzej K. Koźmiński (),
Katarzyna Piotrowska (),
Krzysztof Zagórski () and
Adam Noga ()
Statistics in Transition new series, 2015, vol. 16, issue 3, 461-478
Stemming from assumption that Gross Domestic Product is an index oversimplifying economic development and not reflecting socio-economic development, the paper presents conceptualization, operationalization and estimation of Balanced Development Index (BDI), concerning both economic and social development in Poland. Actual values of this index as well as its four composite components (middle-level indexes) are presented for 1999-2013. A statistical model allowing estimation of BDI values as well as short-term forecasts is proposed alongside with the concept of balanced development. Application of this model for 1999-2016 is presented.
Keywords: socio-economic development; index; economic indicators; social indicators; balanced development; evaluations; predictions (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:csb:stintr:v:16:y:2015:i:3:p:461-478
Access Statistics for this article
Statistics in Transition new series is currently edited by Włodzimierz Okrasa
More articles in Statistics in Transition new series from Główny Urząd Statystyczny (Polska) Contact information at EDIRC.
Bibliographic data for series maintained by Beata Witek ( this e-mail address is bad, please contact ).