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ERIC Number: EJ938123
Record Type: Journal
Publication Date: 2011-Oct
Pages: 18
Abstractor: As Provided
Reference Count: 18
ISBN: N/A
ISSN: ISSN-0303-8300
Composite Indices of Development and Poverty: An Application to MDGs
De Muro, Pasquale; Mazziotta, Matteo; Pareto, Adriano
Social Indicators Research, v104 n1 p1-18 Oct 2011
The measurement of development or poverty as multidimensional phenomena is very difficult because there are several theoretical, methodological and empirical problems involved. The literature of composite indicators offers a wide variety of aggregation methods, all with their pros and cons. In this paper, we propose a new, alternative composite index denoted as MPI (Mazziotta-Pareto Index) which, starting from a linear aggregation, introduces penalties for the countries or geographical areas with "unbalanced" values of the indicators. As an example of application of the MPI, we consider a set of indicators in order to measure the Millennium Development Goals (MDGs) and we present a comparison between HDI (Human Development Index) methodology, HPI (Human Poverty Index) methodology and MPI.
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A