devindex: Calculate development index

In dataspekt/crodi: Computation of Croatian regional development index

Description

Calculate development index

Usage

devindex(formula, data, penalize = TRUE, wts = NULL, aggregate = "mean")

Arguments

formula	Index variables
data	Dataset
penalize	Penalize composite index.
wts	Indicator weights.
aggregate	Method of aggregation of indicator values.

Details

By default, function will calculate composite index penalized using Mazziotta-Pareto method. Setting penalize = FALSE will calculate composite index as a simple non-weighted mean of indicator values.

To use indicator weights specify wts as a named list.

Method of aggregation of indicator values is set via aggregate argument. Default is mean, but it can be a name of any function (typical alternative is sum).

By setting both penalize = TRUE and wts it is possible to use weighted indicators with penalization.

dataspekt/crodi documentation built on May 30, 2019, 4:06 a.m.