Artikel

Classifications of countries based on their standard of living

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.

Language
Englisch

Bibliographic citation
Journal: Pakistan Journal of Commerce and Social Sciences (PJCSS) ; ISSN: 2309-8619 ; Volume: 8 ; Year: 2014 ; Issue: 1 ; Pages: 74-98 ; Lahore: Johar Education Society, Pakistan (JESPK)

Classification
Wirtschaft
Subject
living standard
economic growth
health
education
quality of environment
cluster analysis
self organizing feature maps (SOFM)

Event
Geistige Schöpfung
(who)
Ahmad, Zahoor
Nisar, Lubaina
Event
Veröffentlichung
(who)
Johar Education Society, Pakistan (JESPK)
(where)
Lahore
(when)
2014

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Ahmad, Zahoor
  • Nisar, Lubaina
  • Johar Education Society, Pakistan (JESPK)

Time of origin

  • 2014

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