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Composite indices of development

Abstract:

This paper reviews the literature on composite (and multidimensional) indices of development. Composite indices emerged as an alternative to using a portfolio of indicators, whose scattered information is sometimes difficult to grasp, or simply the GNP per capita, which often does not correlate well with development goals. As they emerged, they were also criticized. Points of debate relate to the selection of dimensions and indicators, their correlation (and the trade-off between redundancy a...

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Publication status:
Published
Peer review status:
Reviewed (other)
Version:
Accepted Manuscript

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Institution:
University of Oxford
Research group:
Oxford Poverty and Human Development Initiative (OPHI)
Role:
Author
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Institution:
University of Oxford
Department:
Social Sciences Division - Environment,Centre for the - Transport Studies Unit
Role:
Author

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Role:
Editor
Role:
Editor
Publisher:
Oxford University Press Publisher's website
Host title:
International Development: Ideas, Experience, and Prospects
Publication date:
2014-01-01
DOI:
URN:
uuid:029d8df6-d344-4faa-b961-bad8fe28b134
Local pid:
ora:11763
ISBN:
9780199671656

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