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Econometrics

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Sudhanshu K Mishra

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Construction Of Pena’S Dp2-Based Ordinal Synthetic Indicator When Partial Indicators Are Rank Scores, Sudhanshu K. Mishra May 2012

Construction Of Pena’S Dp2-Based Ordinal Synthetic Indicator When Partial Indicators Are Rank Scores, Sudhanshu K. Mishra

Sudhanshu K Mishra

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.