On the standard achievement and well-being indexes and their relation to the Hicks–Moorsteen productivity index

Walter Briec, Audrey Dumas and Agathe Stenger ()

Economic Modelling, 2013, vol. 35, issue C, 900-909

Abstract: In a recent paper Ramos and Silber (2005) used techniques developed in efficiency analysis to obtain estimates of human development obtained on the basis of Sen (1985) and Narayan et al. (2000) capability approach. In particular they propose to measure standard achievement and well being indexes using a distance function approach. In this paper, it is shown that the ratio based of well-being and standard achievement indexes form the Hicks–Moorsteen index introduced by Bjurek (1996). Along this line, an additive form of the standard achievement and well-being indexes is proposed. In particular, the paper focusses on the case of social inputs. Axiomatic and dual properties are established and some parametric and nonparametric models are proposed.

Keywords: Well-being index; Standard achievement index; Malmquist productivity index; Hicks–Moorsteen productivity index (search for similar items in EconPapers)
JEL-codes: C43 D21 D24 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:35:y:2013:i:c:p:900-909

DOI: 10.1016/j.econmod.2013.08.004

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