The Resource-Infrastructure-Environment Index for Measuring Progress: An Application to Australia, Mexico and the US
Riccardo Natoli () and
Segu Zuhair
Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, 2013, vol. 110, issue 1, 54 pages
Abstract:
The resource-infrastructure-environment (RIE) index was proposed as an alternative measure of progress which was then employed to: (1) compare the aggregate (single summary) index findings between Australia (mid-industrialised nation), Mexico (emerging economy), and the US (highly industrialised nation); and (2) compare the RIE index against the gross domestic product (GDP), human development index (HDI) and genuine savings (GS) measure. This paper builds on the previous work by assessing the seven themes and 21 dimensions which comprise the RIE index for the three aforementioned nations, as well as the associated policy implications. The results identified Australia’s strength in the human resource and infrastructure themes. For Mexico, strong contributions came from the natural and generated resource themes as well as the physical environment theme, while the US performed strongly in the infrastructure themes. The comparative results of the US and Mexico illustrated that it is possible to achieve high levels of progress without an excessive reliance on high levels of production and income. Copyright Springer Science+Business Media B.V. 2013
Keywords: Measurement; Progress; Interdisciplinary; Weighting (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:soinre:v:110:y:2013:i:1:p:31-54
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DOI: 10.1007/s11205-011-9914-6
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