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We propose a Bayesian factor analysis model as an alternative to the Human Development Index (HDI). Our model provides methodology which can either augment or build additional indices. In addition to addressing potential issues of the HDI, we estimate human development with three auxiliary...
Persistent link: https://www.econbiz.de/10012945152
In this paper, we propose a Bayesian factor analysis model with the purpose of serving as an alternate approach to calculating the UNDP's Human Development Index, as well as providing a general methodology which can be used to augment existing indices or build new ones. In addition to addressing...
Persistent link: https://www.econbiz.de/10012984166
We rank counties in the United States of America with respect to population health. We utilize the five observable county health variables used to construct the University of Wisconsin Population Health Institute’s County Health Rankings (CHRs). Our method relies on a factor analysis model to...
Persistent link: https://www.econbiz.de/10013313337
We rank counties in the United States of America with respect to population health. We utilize the five observable county health variables used to construct the University of Wisconsin Population Health Institute's County Health Rankings (CHRs). Our method relies on a factor analysis model to...
Persistent link: https://www.econbiz.de/10012481841
Persistent link: https://www.econbiz.de/10012239277
Persistent link: https://www.econbiz.de/10011982621
Persistent link: https://www.econbiz.de/10011765175
We propose a Bayesian factor analysis model as an alternative to the Human Development Index (HDI). Our model provides methodology which can either augment or build additional indices. In addition to addressing potential issues of the HDI, we estimate human development with three auxiliary...
Persistent link: https://www.econbiz.de/10012453762