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Authors:
Kostiantyn Kyrychenko, Sumy State University (Sumy, Ukraine) Yaryna Samusevych, Sumy State University (Sumy, Ukraine) Liliia Liulova, Sumy State University (Sumy, Ukraine) Kseniya Bagmet, Sumy State University (Sumy, Ukraine)
Pages: 113-128
Language: English
DOI: https://doi.org/10.21272/mmi.2018.2-10
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Abstract
Social development of a country is characterized by a large set of the population welfare parameters, which determines the need to select the most common indicators for its estimation. In the article approaches the interpretation of the essence and the determination of components of social development are investigates. The existing approach to social development estimation is analysed. Comparison of the peculiarities of grouping social indicators within these approaches is carried out. The article aims to find a universal methodology for the social development estimation in the context of the selected country. The research of the methodology of social development estimation was conducted by means of 1) a comparative analysis of the social development directions, as well as the composition of specific indicators in various methodologies of social development estimation; 2) normalization of indicators using minimaxing method to bring them into a comparable view; 3) testing of the internal consistency of indicators (Cronbach coefficient Alpha); 4) Simple Additive Weighting of indicators. The formed basic set of indicators for the social development estimation of the country includes 28 indicators, which can be divided into eight groups. Taking into consideration the nationally specific presentation of the statistical information, the composite index of social development for Ukraine was calculated on the basis of 19 specific indicators. The results of the estimation on an example of Ukraine reported a general permanent improvement of social development for the period 2010-2016, which also occurred in most of the components in the structure of the index except the indicators of Safety, Social Cohesion and Social Activity which in general for the period have declined, while Economic Security has been characterized by an unstable level.
Keywords: social development, estimation, Ukraine, methodology, composite index
JEL Classification: I31, О15.
Cite as: Kyrychenko, K. I., Samusevych, Y. V., Liulova, L. Y., & Bagmet, K. (2018). Innovations in country’s social development level estimation. Marketing and Management of Innovations, 2, 113-128. https://doi.org/10.21272/mmi.2018.2-10
This work is licensed under a Creative Commons Attribution 4.0 International License
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