Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/188127 
Year of Publication: 
2014
Citation: 
[Journal:] Pakistan Journal of Commerce and Social Sciences (PJCSS) [ISSN:] 2309-8619 [Volume:] 8 [Issue:] 1 [Publisher:] Johar Education Society, Pakistan (JESPK) [Place:] Lahore [Year:] 2014 [Pages:] 74-98
Publisher: 
Johar Education Society, Pakistan (JESPK), Lahore
Abstract: 
In the body of the literature, it is celebrated that human well-being becomes the key subject in measuring the economic development. The purpose of this study is to classify the countries with respect to their standard of living on the basis of economic growth, health, education and quality of environment by using cluster analysis and self-organizing feature map. The data have been obtained from the World Bank Report 2011, United Nation Development Program and the United Nation Statistics Division. The results of this study reveal that health and quality of environment indicators playing most important role for classification of the countries.
Subjects: 
living standard
economic growth
health
education
quality of environment
cluster analysis
self organizing feature maps (SOFM)
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

Files in This Item:
File
Size
298.06 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.