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IS HUMAN DEVELOPMENT MULTIDIMENSIONAL?
Author(s) -
French Declan,
Moore Michael,
Canning David
Publication year - 2013
Publication title -
journal of international development
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.533
H-Index - 66
eISSN - 1099-1328
pISSN - 0954-1748
DOI - 10.1002/jid.2811
Subject(s) - contrast (vision) , per capita , development (topology) , space (punctuation) , per capita income , commission , human development (humanity) , econometrics , economics , inequality , sociology , public economics , positive economics , mathematics , economic growth , computer science , artificial intelligence , demography , mathematical analysis , population , finance , operating system
Stiglitz's Commission on the Measurement of Economic Performance and Social Progress (CMEPSP) argued that well‐being is multidimensional and identified eight distinct dimensions. Conventional linear techniques confirm that a large number of dimensions are needed to describe development. In contrast, a new non‐linear technique that we introduce from chaos theory shows that a smaller number of dimensions are needed to span the development space. From the analysis, variables representing the Health, Education, Inequality and Individual Rights areas of life quality would provide a broad picture of development, whereas income per capita adds little extra information. Copyright © 2012 John Wiley & Sons, Ltd.