Böhringer, Christoph and Jochem, Patrick (2007): Measuring the Immeasurable: A Survey of Sustainability Indices. Published in: Ecological economics , Vol. 63, No. 1 (2007): pp. 1-8.
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Abstract
Sustainability indices for countries provide a one-dimensional metric to valuate country-specific information on the three dimensions of sustainable development: economic, environmental, and social conditions. At the policy level, they suggest an unambiguous yardstick against which a country’s development can be measured and even a cross-country comparison can be performed. This paper reviews the explanatory power of various sustainability indices applied in policy practice. We show that these indices fail to fulfill fundamental scientific requirements making them rather useless if not misleading with respect to policy advice.
Item Type: | MPRA Paper |
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Original Title: | Measuring the Immeasurable: A Survey of Sustainability Indices |
Language: | English |
Keywords: | Sustainability Indices, Composite Indicators, Sustainability, Indices |
Subjects: | C - Mathematical and Quantitative Methods > C4 - Econometric and Statistical Methods: Special Topics > C43 - Index Numbers and Aggregation O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General |
Item ID: | 91562 |
Depositing User: | PD Dr. Patrick Jochem |
Date Deposited: | 25 Jan 2019 14:21 |
Last Modified: | 26 Sep 2019 18:26 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/91562 |