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Análisis del acoplamiento entre la riqueza y el desarrollo socioeconómico de las naciones
[Analysis of the mismatch between wealth and socio-economic development of nations]

Author

Listed:
  • Prada, Albino
  • Sanchez-Fernandez, Patricio

Abstract

In this paper, the attributes and variables featuring the development of the World countries are reviewed. The relationship between wealth levels and some estimates using synthetic indices of social development is analyzed. With this aim, we firstly use the indicators estimated by UNDP. Afterwards, we turn to complementary estimators using UNDP methodology and multivariate statistical methods such us factor analysis. Results allow us to identify which countries do better (or worse) at turning economic growth into social development. They also contribute to detect the dimensions of development that are behind of changes in positions in several rankings.

Suggested Citation

  • Prada, Albino & Sanchez-Fernandez, Patricio, 2015. "Análisis del acoplamiento entre la riqueza y el desarrollo socioeconómico de las naciones [Analysis of the mismatch between wealth and socio-economic development of nations]," MPRA Paper 61067, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:61067
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    References listed on IDEAS

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    More about this item

    Keywords

    wealth; social development; synthetic indicators; UNDP. riqueza; desarrollo social; indicadores sintéticos; PNUD.;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation
    • P44 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - National Income, Product, and Expenditure; Money; Inflation
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies

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