Jaya Krishnakumar
Going Beyond Functionings to Capabilities: An Econometric Model to Explain and Estimate Capabilities
University of Geneva|Faculty of 1000 (United Kingdom)
attempt operationalize capability approach necessitates adequate framework measurement abstract unobservable multidimensional concept term capability stands forone attempt latent variable approach considers different dimensions capability human development unobserved variables factors manifesting measurable indicatorsin paper propose structural equation econometric model accounts interdependence among latent dimensions observed endogenous factors includes causal exogenous variables affecting latent dimensions indicatorswe estimate model using data crosssection countries across world use empirical model derive capability indicators different dimensions