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Construction of Pena’s DP2-Based Ordinal Synthetic Indicator When Partial Indicators are Rank Scores

22 Pages Posted: 29 May 2012 Last revised: 1 Jun 2012

Sudhanshu K. Mishra

North-Eastern Hill University (NEHU)

Date Written: May 28, 2012

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

JEL Classification: C43, C63

Suggested Citation

Mishra, Sudhanshu K., Construction of Pena’s DP2-Based Ordinal Synthetic Indicator When Partial Indicators are Rank Scores (May 28, 2012). Available at SSRN: https://ssrn.com/abstract=2069500 or http://dx.doi.org/10.2139/ssrn.2069500

Sudhanshu K. Mishra (Contact Author)

North-Eastern Hill University (NEHU) ( email )

NEHU Campus
Shillong, 793022
India
03642550102 (Phone)

HOME PAGE: http://www.nehu-economics.info

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