Measurement of a Country's Health : Can We Depend on Reported Values of the Infant Mortality Rate?

Economists often rely on the infant mortality rate as an indicator of a country's health. Despite arguments about its relevance, uniform measurement of infant mortality is necessary. Using important socioeconomic indicators, we develop a method to adjust country-specific reported infant mortality figures that may misrepresent development within a country. We conclude that an "augmented" measure of mortality that includes both infant and late fetal deaths should be considered when assessing levels of social welfare in a country. Also, mortality statistics that exhibit a substantially high ratio of late fetal to early neonatal deaths should be more closely scrutinized