Construction of Pena’s DP2-based ordinal synthetic indicator when partial indicators are rank scores

Sudhanshu Mishra ()

MPRA Paper from University Library of Munich, Germany

Abstract: The present study devises a computational scheme (and develops a FORTRAN 77 computer program) that may be appropriate to construct Pena’s DP2 (ordinal) synthetic indicator (Z) from the partial indicators (X) all of which are ordinal (ranking scores). An attempt has also been made to empirically apply the method (and the computer program) to obtain an ordinal synthetic indicator from a given ordinal data set.

Keywords: Ordinal data set; Pena’s DP2 synthetic indicator; ranking scores; Ordinal principal component analysis; Computer program; Fortran 77 (search for similar items in EconPapers)
JEL-codes: C14 C43 C61 C63 (search for similar items in EconPapers)
Date: 2012-05-28
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