Construction of Pena’s DP2-Based Ordinal Synthetic Indicator When Partial Indicators are Rank Scores
Sudhanshu K. Mishra
North-Eastern Hill University (NEHU)
May 28, 2012
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.
Number of Pages in PDF File: 22
Keywords: Ordinal data set, Pena’s DP2 synthetic indicator, ranking scores, Ordinal principal component analysis, Computer program, Fortran 77
JEL Classification: C43, C63working papers series
Date posted: May 29, 2012 ; Last revised: June 1, 2012
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