Purpose: Poverty and well-being indexes are composed of valuable aspects of life that are worth measuring, commonly referred to as dimensions. The objective of this study is to identify dimensions of poverty and well-being based on the natural language used by individuals. Additionally, we propose a methodology for extracting dimensional weights to assess indicators based on people’s concerns.
Methods: Through the application of various topic modeling techniques within the Natural Language Processing approach, we have identified significant variables or dimensions related to poverty and well-being. We have implemented transfer learning using a zero-shot classification model to determine weights for the identified dimensions.
Results: In the specific cases examined in this study, the most important dimensions of poverty are associated with: lack of opportunities, employment, lack of spirit, money, and progress; while in the context of well-being, the top four dimensions identified are: living well, basic needs, being nourished, and health.
Conclusion: By using our semi-automatic methodology, which incorporates natural language processing, we offer a valuable contribution to the literature, enabling the identification of variables and the allocation of weights for constructing comprehensive social indicators. We recommend the use of topic modeling techniques for identifying dimensions in multidimensional wellbeing and poverty indicators, as they empower individuals by providing them with a platform to voice their concerns and ensuring their representation when designing and evaluating social indicators.