A Framework for Incorporating Environmental Indicators to the Measurement of Human Well-Being
Osman Zaim ()
No RP2005-05, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
This study, relying on an economic-theoretical approach to index numbers, proposes a framework for incorporating environmental indicators to the measurement of human well-being. Furthermore this study also proposes an improvement index which alleviates the well-known deficiency of across-time comparison of the deprivation index. The advantage of the proposed index is that it does not require normative judgment in the selection of weights to aggregate over constituent indices. Rather, within an activity analysis framework, optimally chosen weights are determined by the data.
Keywords: Environmental economics; Index numbers (Economics); Poverty; Public goods; Welfare economics (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2005-05
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