MULTIDIMENSIONAL EVALUATION OF SOCIOECONOMIC STATUS AND SUSTAINABLE DEVELOPMENT GOALS

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Satyendra Nath Chakrabartty

Abstract

Methods to measure socioeconomic status (SES) interlinked with Sustainable Development Goals (SDGs) suffer from methodological limitations. Avoiding problems of scaling and selection of weights, the paper aims at aggregating subjective and objective measures of SES and SDGs by multiplicative aggregation to get composite indices  and  reflecting overall improvement in a given period over the base period.  Proposed indices ensure that Index computed in stages = Index obtained in a single stage. The indices cover variables in any form like percentages, rates, simple counts, ordinal scores, composite indices of the components of SES or SDG and facilitate assessment of changes across time, identification of critical areas, ranking based on relative importance, testing of statistical hypothesis. Combining variables in different scales of measurement by monotonically increasing continuous variable is a novelty. Distance of a country from achieving SDGs can be computed by considering SDG targets in base-period figures. Empirical relationships between  and  can be established by simple linear regression or relationship among constituent dimensions or targets of   and  by multiple linear regression or canonical correlation analysis.

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Author Biography

Satyendra Nath Chakrabartty , Indian Ports Association, New Delhi, India; Indian Statistical Institute, Kolkata, India

Indian Ports Association, New Delhi, India; Indian Statistical Institute, Kolkata, India. M. Stat. from Indian Statistical Institute. Prof. Chakrabartty has taught Post Graduate courses at Indian Statistical Institute, University of Calcutta, Galgotias Business School, etc.  He has over 140 publications to his credit. He retired from the position of Director, Kolkata Campus of the Indian Maritime University. He served Indian Ports Association, New Delhi as a Consultant.  Currently, he is associated with Indian Institute of Social Welfare and Business Management, Kolkata, as a Research Advisor.

How to Cite

NATH CHAKRABARTTY , Satyendra. MULTIDIMENSIONAL EVALUATION OF SOCIOECONOMIC STATUS AND SUSTAINABLE DEVELOPMENT GOALS. Brazilian Journal of Research in Applied Social Sciences, [S. l.], v. 5, n. 1, p. 01–19, 2026. Disponível em: https://periodicos.unipampa.edu.br/index.php/BJRASS/article/view/122328. Acesso em: 22 aug. 2026.

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