World Bank Doing Business Project and the statistical methods based on ranks: the paradox of the time indicator

Antonio Cappiello

RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, 2014, vol. 68, issue 1, 79-86

Abstract: The Doing Business (DB) Project of the World Bank has a large impact on media, policy makers and private sector and could have a significant influence on future policies implementation. For these reasons it would be important to better evaluate the rank criteria and avoid the choice of indicators that would possibly alter the nature of the empirical cases. After presenting the general principles of the percentile rank, we focus on the DB criteria for assigning the score to the time indicator. The paradox emerged from the analysis stresses the need of an empirical counterproof in order to avoid significant biases of the nature and the order of the considered phenomenon

Keywords: doing business; world rankings; starting a business; registering property; inequations; ranking methods; percentile rank; time indicator; mathematical paradox (search for similar items in EconPapers)
JEL-codes: C13 C14 C18 C2 C38 K22 K23 L59 O17 (search for similar items in EconPapers)
Date: 2014
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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