Welfare Index for Western Visayas, Philippines
Journal Title: American Journal of Environmental Economics - Year 2022, Vol 1, Issue 4
Abstract
This paper suggests an alternative welfare index for Western Visayas, Philippines. It composes the latest Human Development Index (HDI), and the recent figures on employment and underemployment rate, agricultural production and gross regional domestic product rate, Consumer Price Index, and inflation rate, purchasing power, Gini-coefficient ratio, poverty incidence, temperature, and population growth. The study collects these pieces of information on October 5-25, 2021. Using the arithmetic averaging, and following the scales of the HDI, the results show that Western Visayas’ welfare is within ‘Safe’ condition and is slightly far from its goal of reaching the ‘Secure’ classification
Authors and Affiliations
Grace Edmar Elizar
Keywords
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- EP ID EP721689
- DOI https://doi.org/10.54536/ajmri.v1i4.330
- Views 48
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