Multidimensional index: A Note

Srijit Mishra ()

Indira Gandhi Institute of Development Research, Mumbai Working Papers from Indira Gandhi Institute of Development Research, Mumbai, India

Abstract: This paper identifies the problem of information loss in computation of multidimensional index on account of cut-offs between and within dimensions. The former refers to the ?? cutoff across dimensions on account of headcount fetish and the latter points to the restrictions on normalised deprivation score on account of deprivation line as benchmark. One also observes information loss when available data is converted to binary form. An empirical exercise substantiates the points. We suggest that the computation of multidimensional index in deprivation (poverty) and attainment (empowerment) should do away with these information loss by not censoring, by replacing deprivation line with maxima, where appropriate, as benchmark for computing normalised deprivation score, and by not converting available data to binary form.

Keywords: Attainment; Censoring; Deprivation; Headcount fetish; Information loss; Multidimensional index (search for similar items in EconPapers)
JEL-codes: C38 D63 H89 I32 O10 Z13 Z18 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2024-04
New Economics Papers: this item is included in nep-inv
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Persistent link: https://EconPapers.repec.org/RePEc:ind:igiwpp:2024-007

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