Tools for composite indicators buildings
This document reviews the steps involved in a composite indicator�s construction process and discusses the common pitfalls to be avoided. We stress the need for multivariate analysis prior to the aggregation of the individual indicators. We deal with the problem of missing data and with the techniques used to bring into a common unit the indicators that are of the very different nature. We explore different methodologies for weighting and aggregating indicators into a composite and test the robustness of the composite using uncertainty and sensitivity analysis. Finally we show how the same information that is communicated by the composite indicator can be presented in very different ways and how this can influence the policy message.
Bibliographic Reference: EUR 21682 EN (2005), 132pp. Free of charge
Availability: Available from European Commission, JRC Knowledge Management Unit, Ispra (IT) Tel: +39 033278 9893 Fax: +39 033278 5409 E-mail: firstname.lastname@example.org or Bruxelles (BE) Tel: +32 2 295 76 24 Fax: +32 2 299 63 22
Record Number: 200518251 / Last updated on: 2005-07-15
Original language: en
Available languages: en