Author/Authors :
ÇEMREK, Fatih Osmangazi Üniversitesi - İstatistik Bölümü, Turkey , BAYRAÇ, H. Naci Eskişehir Osmangazi Üniversitesi - İktisat Bölümü, Turkey
Title Of Article :
Calculating a Score of Sustainable Development
Abstract :
Sustainable development is considered to be one of the most important economic issues today. Sustainable development indicators are taken into account when comparing the countries in terms of the level of development. Besides, these indicators are taken to be a major source of information in deciding the development policies the countries will follow as well as for a wide range of investment decisions. In this study, by using sustainable development indicators, we develop scores of sustainable development for the Commonwealth of Independent States (CIS), the Baltic Republics (BC) and Russia in the context of principal components analysis. Subsequently, the sustainable development scores of the investigated countries and the United Nations Human Development Index (HDI) scores were compared, and the relationship between the two was evaluated. The correlation coefficient between the two scores was found to be 0.872 and statistically significant at 1 % level.
NaturalLanguageKeyword :
Sustainable Development , Sustainable Development Score , Principal Components Analysis , Human Development Index
JournalTitle :
Journal Of Social Sciences, Eskişehir Osmangazi University
