MULTIDIMENSIONAL SOCIAL EVALUATION: AN APPLICATION TO THE MEASUREMENT OF HUMAN DEVELOPMENT

Authors


  • Note: Thanks are due to the very helpful comments and suggestions of two anonymous referees. Financial support from Ministerio de Educación y Ciencia under projects SEJ2007-62656, SEJ2007-67734/ECON, Junta de Andalucía under projects SEJ2905 and SEJ1645, Programa de Becas Postdoctorales MEC/Fulbright, the Instituto Valenciano de Investigaciones Económicas (IVIE), and Fundación BBVA are gratefully acknowledged.

Antonio Villar. Department of Economics, Universidad Pablo de Olavide, Ctra. Utrera km. 1. 41013 Sevilla, Spain (avillar@upo.es).

Abstract

This paper deals with the axiomatic derivation of social evaluation indices in a multidimensional context. The resulting evaluation formula is the geometric mean of the egalitarian equivalent values of the different characteristics under consideration. We provide an application to the measurement of human development and compare the results obtained with those corresponding to the standard (additive) index.

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