It has been long argued that the GDP itself cannot serve as an indicator of well-being solely, which led to the construction and use of multidimensional well-being and sustainability indices. The Human Development Index (HDI) has been one of the first attempts to go beyond single measure of well-being comparisons and o§er a multidimensional well-being measure by obtaining a composite index of education, income and health indices. Yet, many still argue that dimensions covered by the HDI do not reflect overall well-being of societies and new indicators should be added to the overall multidimensional well-being index. In this paper, we test and examine the inclusion of environmental variables to the HDI.
|Published - 16 Oct 2015
|17th Eurasia Business and Economic Society (EBES) Conference - Venice, Italy
Duration: 15 Oct 2015 → 17 Oct 2015
|17th Eurasia Business and Economic Society (EBES) Conference
|15/10/15 → 17/10/15