Non-economic well-being achievement in Pacific Asia

McGillivray, Mark 2006, Non-economic well-being achievement in Pacific Asia, Journal of the Asia-Pacific Economy, vol. 11, no. 2, pp. 178-195, doi: 10.1080/13547860600591184.

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Title Non-economic well-being achievement in Pacific Asia
Author(s) McGillivray, MarkORCID iD for McGillivray, Mark
Journal name Journal of the Asia-Pacific Economy
Volume number 11
Issue number 2
Start page 178
End page 195
Publisher Routledge
Place of publication London, England
Publication date 2006-05
ISSN 1354-7860
Keyword(s) human well-being achievement
well-being dimensions
income per capita
human Development Index
principal components analysis
Summary It is well known that income per capita and most widely reported non-economic well-being achievement measures are highly correlated among countries. Yet many countries exhibit higher achievement in the latter than predicted by the former. The reverse is true for many other countries. This paper commences by extracting the inter-country variation in a composite of three widely reported educational and health status indicators not accounted for by variations in income per capita. This extraction is interpreted inter alia as a measure of non-economic well-being. Using data for a sample of Pacific Asian countries, the paper then looks at correlations between this extraction and a number of new or less widely-used well-being measures, in an attempt to find the measure that best captures these achievements.
Language eng
DOI 10.1080/13547860600591184
Field of Research 140219 Welfare Economics
Socio Economic Objective 970114 Expanding Knowledge in Economics
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2006, Taylor & Francis
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