Activity Number:
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36
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Type:
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Topic Contributed
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Date/Time:
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Sunday, August 11, 2002 : 4:00 PM to 5:50 PM
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Sponsor:
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General Methodology
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Abstract - #300903 |
Title:
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Statistical Indices: Construction, Interpretation and use in Measuring Development
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Author(s):
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Gisele Kamanou-Goune*+
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Affiliation(s):
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United Nations
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Address:
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Room DC2-1680, 2 UN Plaza, New York, New York, 10017, USA
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Keywords:
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statistical indices ; distance ; quantile distribution ; Human Development Index ; threshold
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Abstract:
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We measure development progress by constructing a composite index that consists of several development indicators. By imitating and refining the construction of the Human Development Index (HDI), we propose an indicator of progress that is based on the simple ideas of distance and threshold (or goal). The concept of threshold is defined as a quantile of an appropriate distribution. The elements, then, that enter the computation of the index are combined by multiplying with the inverse of an appropriately defined variance-covariance matrix. The properties of the index are studied, as well as its asymptotic distribution. The empirical work utilizes a set of data on the Millennium Declarations Goals (MDGs) compiled by the United Nations Statistics Division.
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- Authors who are presenting talks have a * after their name.
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