Search results for " Composite indicator"
showing 9 items of 9 documents
A PERFORMANCE-BASED TOOL FOR PRIORITISING WATER METER SUBSTITUTION IN A URBAN DISTRIBUTION NETWORK
2011
User water consumption is usually measured by volumetric water meters. Water meters also provide indispensable data used by the utilities for issuing bills, obtaining the system water balance, identifying failures in the network, water theft and anomalous user behaviour. Therefore, the utilities rely on such instruments for the technical and economic management of water systems. Despite their importance, water meters are characterised by relevant intrinsic errors that are responsible for a part of so-called apparent losses, i.e. water volumes reaching a final user without being accounted for. The aim of this paper is to provide a water meter management tool that analyses the meters performa…
Composite indicator of financial development in a benefit-of-doubt approach
2013
We use data by the World Economic Forum (WEF) to build a Composite Financial Development Index (CFDI) alternative to the WEF financial index. Unlike the WEF index, the CFDI optimally combines seven dimensions with non‐fixed weights determined endogenously without recourse to subjective opinions of experts. The CFDI is obtained by applying a Data Envelopment Analysis linear programming model with proportion restrictions on weights calculated in a Benefit‐of‐Doubt approach. In this way, the CFDI scores allow us to group 60 countries by different levels of financial development identifying dimensions that contribute to good or poor financial performances, taking into account the different char…
Comparing Composite Indicators to measure Quality of Life: the Italian “Sole 24 Ore” case
2018
The measure of Quality of Life is still a topic widely discussed in the literature. In Italy, the newspaper "Il Sole 24 Ore" publishes a famous ranking that highlights a strong disparity between Northern and Southern Italy areas. In this paper, some methods are compared in order to show how different types of normalization and aggregation can influence the results.
A BoD Composite Indicator to Measure the Italian “Sole 24 Ore” Quality of Life
2023
The measure of Quality of Life (QoL) is still a topic widely discussed in literature. In Italy, the newspaper “Il Sole 24 Ore” publishes a famous ranking that highlights strong disparities among provinces. In this paper, “Il Sole 24 Ore” and BoD-DEA methods are compared in order to show how different types of normaliza- tion and aggregation significantly influence the results making these rankings very fragile and questionable.
A composite indicator of social inclusion for European countries
2012
Social inclusion is one of seven key challenges of the European Union Sustainable Development Strategy. We use a set of sub-indicators to measure social inclusion for 26 member countries of the European Union. In particular, we aggregate four basic indicators in a multiplicative composite indicator via a DEA-BoD approach with weights determined endogenously by imposing proportion constraints. We obtain a score of social inclusion that allows us to grade 26 European countries in 2008, 2009 and 2010 during the European phase of the financial and economic crisis.
Composite Indicator of Social Inclusion for European Countries
2013
Social inclusion is one of the key challenges of the European Union (EU) Sustainable Development Strategy. We use four indicators from EU policies to measure social inclusion for the 27 member countries of Europe. In particular, we aggregate the four indicators in a multiplicative composite indicator via a DEA-BoD approach with weights determined endogenously with proportion constraints. We obtain a score of social inclu- sion that allows us to grade the 27 EU countries from 2006 to 2010. In this way, we highlight the specific role played by the four indicators in determining improvements and deteriorations of social inclusion during the European phase of the financial and economic crisis.
Indicators of Tourist Market Appeal and Sustainability. An Analysis of Italian Opera Houses
2007
This paper aims at pointing out how Italian Opera Houses are facing the challenge involved with tourism, after some recent institutional changes which transformed them in private foundations. Here we put in evidence the potential tourist appeal and the sustainability of a tourist approach for all of the Italian Opera Houses. This issue is addressed constructing two indicators of market appeal and sustainability. Resorting to a deep documentary research and an ad hoc questionnaire survey, we detected and measured the relevant dimensions of market appeal (physical setting, popularity outside the local area, overall tourist appeal of the hosting city, geographical allocation, proximity to othe…
An analytical review of destination competitiveness´ indicators
2015
The role of indicators in assisting tourism planners and decision-makers in evaluating performances, setting targets and anticipating future scenarios has been widely acknowledged by scholars. The purpose of this study is to provide an evaluation of existing composite indicators of tourism destination competitiveness (TDC) and propose a statistical toolbox/protocol to assess their effectiveness in empirical evaluations. We built the study’s protocol by enriching the OECD technical guidelines to build composite indicators. The protocol contains now 15 criteria used to examine the reviewed indicators, among these two useful quality measures. Ten studies were identified as providing a composit…
La competittività di una destinazione turistica
2013
Measuring destination competitiveness and identifying its determinants are strategic goals for pol-icy makers and tourism stakeholders. In order to do so, the availability of valid and reliable moni-toring tools is requested. In this context quantitative measurement tools, such as composite indi-cators, able to account for complexity and providing easily interpretable measures, represent a useful option. Nowadays composite indicators are commonly used for these aims but some criticism is suggested on how this happens. In this paper we provide some definitions of destination competitiveness and focus on related measurement approaches. In particular, supply-side competitiveness is distinguish…