Fig. 6: Substitution (CES function) between SDG index and WHR compared to SDG index ranking.
From: Experimenting with a strong dual necessity approach to social progress
The countries are ranked according to two dual necessity CES functions, one with an elasticity of substitution of 3 (high) and one with an elasticity of substitution of 0.1 (low). They are then plotted against their rankings according to the SDGs.
