ci_geom_gen: Generalized geometric mean quantity index numbers

In Compind: Composite Indicators Functions

Generalized geometric mean quantity index numbers

Description

This function use the geometric mean to aggregate the single indicators. Two weighting criteria has been implemented: EQUAL: equal weighting and BOD: Benefit-of-the-Doubt weights following the Puyenbroeck and Rogge (2017) approach.

Usage

ci_geom_gen(x,indic_col,meth,up_w,low_w,bench)

Arguments

x	A data.frame containing simple indicators.
indic_col	A numeric list indicating the positions of the simple indicators.
meth	"EQUAL" = Equal weighting set, "BOD" = Benefit-of-the-Doubt weighting set.
up_w	if meth="BOD"; upper bound of the weighting set.
low_w	if meth="BOD"; lower bound of the weighting set.
bench	Row number of the benchmark unit used to normalize the data.frame x.

Value

An object of class "CI". This is a list containing the following elements:

If meth = "EQUAL":

ci_mean_geom_est	: Composite indicator estimated values.
ci_method	: Method used; for this function ci_method="mean_geom".

If meth = "BOD":

ci_geom_bod_est	: Constrained composite indicator estimated values.
ci_geom_bod_weights	: Raw constrained weights assigned to the simple indicators.
ci_method	: Method used; for this function ci_method="geometric_bod".

Author(s)

Rogge N., Vidoli F.

References

Van Puyenbroeck T. and Rogge N. (2017) "Geometric mean quantity index numbers with Benefit-of-the-Doubt weights", European Journal of Operational Research, Volume 256, Issue 3, Pages 1004 - 1014

See Also

ci_bod_dir,ci_bod

Examples

i1 <- seq(0.3, 1, len = 100) - rnorm (100, 0.1, 0.03)
i2 <- seq(0.3, 0.5, len = 100) - rnorm (100, 0.1, 0.03)
i3 <- seq(0.3, 0.5, len = 100) - rnorm (100, 0.1, 0.03)
Indic = data.frame(i1, i2,i3)

geom1 = ci_geom_gen(Indic,c(1:3),meth = "EQUAL")
geom1$ci_mean_geom_est
geom1$ci_method


geom2 = ci_geom_gen(Indic,c(1:3),meth = "BOD",0.7,0.3,100)
geom2$ci_geom_bod_est
geom2$ci_geom_bod_weights

Compind documentation built on Nov. 20, 2023, 5:08 p.m.