An economic approach to achievement and improvement indexes

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dc.citation.epage118en_US
dc.citation.issueNumber1en_US
dc.citation.spage91en_US
dc.citation.volumeNumber56en_US
dc.contributor.authorZaim, O.en_US
dc.contributor.authorFäre, R.en_US
dc.contributor.authorGrosskopf, S.en_US
dc.date.accessioned2016-02-08T10:36:11Z
dc.date.available2016-02-08T10:36:11Z
dc.date.issued2001en_US
dc.departmentDepartment of Economicsen_US
dc.description.abstractThis study proposes a useful alternative to the "aggregate deprivation index" which is used to measure the well-beings of individuals in different countries or geographic locations. Furthermore, we also propose an improvement index which alleviates well known difficulties associated with overtime comparisons of "aggregate deprivation index". While deriving our indexes, we pursued an economic approach to index numbers theory and relied on the assumptions of optimizing behavior. The proposed achievement index has its roots in the theory of quantity indexes whose axiomatic properties are well established. The roots of our improvement index on the other hand, is well grounded in the productivity growth literature. The study also provides a numerical example.en_US
dc.identifier.doi10.1023/A:1011837827659en_US
dc.identifier.eissn1573-0921
dc.identifier.issn0303-8300
dc.identifier.urihttp://hdl.handle.net/11693/24917
dc.language.isoEnglishen_US
dc.publisherSpringer Netherlandsen_US
dc.relation.isversionofhttp://dx.doi.org/10.1023/A:1011837827659en_US
dc.source.titleSocial Indicators Researchen_US
dc.subjectEconomic approachen_US
dc.subjectIndex numberen_US
dc.subjectGrowth literatureen_US
dc.subjectImprovement indexen_US
dc.subjectAxiomatic propertyen_US
dc.titleAn economic approach to achievement and improvement indexesen_US
dc.typeArticleen_US

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