 An envelopment-based approach to measuring regional social progressVincent Charles and Fernando A. D'Alessio Socio-Economic Planning Sciences, 2020, vol. 70, issue C Abstract: Today, more than ever, it is becoming evident that Gross Domestic Product (GDP) alone is not sufficient in guiding national development strategies. In this sense, measuring the social progress of a country can provide an additional lens on national performance, which would eventually help policymakers to not only gain an advanced understanding of the ways that would unleash greater long-term economic success, but also be able to propose strategies that would create the conditions for all individuals in a society to reach their full potential, enhancing and sustaining the quality of their lives. In this paper, we propose a method to measure social progress at the sub-national level, with an application to the Peruvian regions. As such, this paper builds a unified envelopment-based model for integrating a two-stage process of the index generation. We compare and contrast the radial and non-radial envelopment approaches; it is evident from the model that the non-radial approach provides better insights when compared to the radial approach. Keywords: Social progress index; National growth; Economic development; Data envelopment analysis; Measurement (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:soceps:v:70:y:2020:i:c:s0038012117302033 DOI: 10.1016/j.seps.2019.05.004 Access Statistics for this article Socio-Economic Planning Sciences is currently edited by Barnett R. Parker More articles in Socio-Economic Planning Sciences from Elsevier |
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