There is considerable debate on the methods used to compute composite indicators of well-being. The fact that most of the weights of the principal sub-components of the composite indicators are equal, and that the determinants of well-being are, to a certain extent, correlated, makes the use of...

This paper questions the validity of the statistical methods currently used in computing the composite indicators of well-being from their main subcomponents. The facts that most of the weights of the principal sub-components of the composite indicators are equal, that the determinants of...