Classifying Human Development with Latent Class Analysis
Autor: | Ann L. Owen, Julio Videras |
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Rok vydání: | 2015 |
Předmět: |
Sociology and Political Science
Inequality media_common.quotation_subject 05 social sciences General Social Sciences Life satisfaction Per capita income Standard of living Mixture model Latent class model Human development (humanity) Arts and Humanities (miscellaneous) 0502 economics and business Developmental and Educational Psychology Econometrics Economics Human Development Index 050207 economics 050205 econometrics media_common |
Zdroj: | Social Indicators Research. 127:959-981 |
ISSN: | 1573-0921 0303-8300 |
DOI: | 10.1007/s11205-015-0992-8 |
Popis: | We use latent class analysis to create an indicator of human development that integrates a broad range of country characteristics including per capita income, health, inequality, environmental performance, and life satisfaction. We show that each of these characteristics is important in distinguishing across development experiences. Because latent class analysis is model-based and allows us to test the significance of each aspect of development and the number and size of the groupings, this approach is superior to an index that divide countries into ad hoc equally-sized groups. Our results suggest that income per capita does not, by itself, capture all of the important dimensions of development and that a rank-ordering of development experiences may not always be appropriate. |
Databáze: | OpenAIRE |
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