Measuring Well-being and Societal Progress - Beyond GDP
Measuring Well-being and Societal Progress - Beyond GDP
Measuring Well-being and Societal Progress - Beyond GDP
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16 indicators described above into a composite index that can be compared across countries. 5 This indexthen needs to be tested to see how robust it is when different weights are used to aggregate the variouselementary indicators. The techniques used to perform this operation are described in Boarini et al. (2006).5Practical guidance on the construction of composite indicators is provided by Hoffman et al. (2005).4