2022
DOI: 10.1163/15691330-bja10063
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Smart Fraction Theory

Abstract: Previous studies have found that the ability of a country’s cognitive elite is generally more predictive than the average ability. However, these studies have relied on sub-optimal methods. Here, the authors tested smart fraction theory, as it is known, using a pre-residualization approach, which obviates the problem of collinearity. For outcome variables, they utilised the 51 indicators of the Social Progress Index, as well as 6 economic variables. Like in previous research, the authors operationalized the ab… Show more

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