IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i19p14574-d1255285.html
   My bibliography  Save this article

Research on the Compilation of a Composite Index from the Perspective of Public Value—The Case of the Global Health Security Index

Author

Listed:
  • Bing Wang

    (School of Public Administration, Huazhong University of Science and Technology, Wuhan 430074, China)

  • Yiwei Lyu

    (School of Public Administration, Huazhong University of Science and Technology, Wuhan 430074, China)

Abstract

The Global Health Security Index (GHSI), the first report on the world’s defensive capabilities against major infectious diseases, released in 2019, deviated from the actual performance of countries globally during COVID-19. Principal component analysis is used to deconstruct the multiple dimensions of public value on the GHSI index; reasons are explored for the deviation between the GHSI scoring results of countries worldwide and their performance in the COVID-19 pandemic, and the logical principles of composite index compilation are analyzed. The results show that the dimensions selected for inclusion in the GHSI are relatively isometric, and omissions of important values are the fundamental reason for the deviation. The composite index is the quantification of qualitative values, and public value affects the process of compiling the composite index in at least four respects: dimension selection, specific indicators, weight-setting, and evaluation-scoring. Therefore, public value should become the theoretical basis for compiling a composite index. This study effectively combines qualitative and quantitative research, provides theoretical explanations and practical guidance for further iterative updates of the GHSI and the optimization of world health and security governance tools, and provides a broader research perspective for the development of composite indices.

Suggested Citation

  • Bing Wang & Yiwei Lyu, 2023. "Research on the Compilation of a Composite Index from the Perspective of Public Value—The Case of the Global Health Security Index," Sustainability, MDPI, vol. 15(19), pages 1-16, October.
  • Handle: RePEc:gam:jsusta:v:15:y:2023:i:19:p:14574-:d:1255285
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/19/14574/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/15/19/14574/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sabina Alkire, 2007. "The Missing Dimensions of Poverty Data: Introduction to the Special Issue," Oxford Development Studies, Taylor & Francis Journals, vol. 35(4), pages 347-359.
    2. Abelson, Julia & Giacomini, Mita & Lehoux, Pascale & Gauvin, Francois-Pierre, 2007. "Bringing `the public' into health technology assessment and coverage policy decisions: From principles to practice," Health Policy, Elsevier, vol. 82(1), pages 37-50, June.
    3. David Fritzsche & E. Oz, 2007. "Personal Values’ Influence on the Ethical Dimension of Decision Making," Journal of Business Ethics, Springer, vol. 75(4), pages 335-343, November.
    4. Lynge Nielsen, 2011. "Classifications of Countries Basedon their Level of Development: How it is Done and How it Could Be Done," IMF Working Papers 2011/031, International Monetary Fund.
    5. Chia-Lin Chang & Michael McAleer, 2020. "Alternative Global Health Security Indexes for Risk Analysis of COVID-19," IJERPH, MDPI, vol. 17(9), pages 1-17, May.
    6. Hasan Muhammad Baniamin & Mizanur Rahman & Mohammad Tareq Hasan, 2020. "The COVID-19 pandemic: why are some countries coping more successfully than others?," Asia Pacific Journal of Public Administration, Taylor & Francis Journals, vol. 42(3), pages 153-169, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jabbar, Amina M. & Abelson, Julia, 2011. "Development of a framework for effective community engagement in Ontario, Canada," Health Policy, Elsevier, vol. 101(1), pages 59-69, June.
    2. Ghimire, Narishwar & Woodward, Richard T., 2013. "Under- and over-use of pesticides: An international analysis," Ecological Economics, Elsevier, vol. 89(C), pages 73-81.
    3. Ondřej Šíma, 2020. "Reálná ekonomika jako zdroj nerovnováhy obchodní bilance - základní přístup [Real Economy as a Source of Trade Balance Disequilibrium - Basic Approach]," Politická ekonomie, Prague University of Economics and Business, vol. 2020(3), pages 322-347.
    4. Cătălina Florentina PRICOPE, 2016. "The role of institutional pressures in developing countries. Implications for IFRS," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(607), S), pages 27-40, Summer.
    5. Udaya S. Mishra & Vachaspati Shukla, 2015. "Welfare Comparisons with Multidimensional Well-Being Indicators: An Indian Illustration," Working Papers id:7095, eSocialSciences.
    6. Ștefan Cristian Gherghina & Daniel Ștefan Armeanu & Camelia Cătălina Joldeș, 2020. "Stock Market Reactions to COVID-19 Pandemic Outbreak: Quantitative Evidence from ARDL Bounds Tests and Granger Causality Analysis," IJERPH, MDPI, vol. 17(18), pages 1-35, September.
    7. Paul Montgomery & Caitlin R Ryus & Catherine S Dolan & Sue Dopson & Linda M Scott, 2012. "Sanitary Pad Interventions for Girls' Education in Ghana: A Pilot Study," PLOS ONE, Public Library of Science, vol. 7(10), pages 1-7, October.
    8. Lei Wang & Heikki Juslin, 2011. "The effects of value on the perception of corporate social responsibility implementation: A study of Chinese youth," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 18(4), pages 246-262, July.
    9. Rosenzweig, Stav & Grinstein, Amir & Ofek, Elie, 2016. "Social network utilization and the impact of academic research in marketing," International Journal of Research in Marketing, Elsevier, vol. 33(4), pages 818-839.
    10. Christian M. Hafner, 2020. "The Spread of the Covid-19 Pandemic in Time and Space," IJERPH, MDPI, vol. 17(11), pages 1-13, May.
    11. Maria Santos, 2013. "Tracking Poverty Reduction in Bhutan: Income Deprivation Alongside Deprivation in Other Sources of Happiness," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 112(2), pages 259-290, June.
    12. Lillian Y. Fok & Dinah M. Payne & Christy M. Corey, 2016. "Cultural Values, Utilitarian Orientation, and Ethical Decision Making: A Comparison of U.S. and Puerto Rican Professionals," Journal of Business Ethics, Springer, vol. 134(2), pages 263-279, March.
    13. Iris Delgado & Baltica Cabieses & Mauricio Apablaza & Carla Castillo & Ximena Aguilera & Isabel Matute & Manuel Najera & Juan M Pericàs & Joan Benach, 2019. "Evaluation of the effectiveness and equity of the maternity protection reform in Chile from 2000 to 2015," PLOS ONE, Public Library of Science, vol. 14(9), pages 1-16, September.
    14. Hasan Muhammad Baniamin, 2021. "Citizens’ Initiatives for Crisis Management and the Use of Social Media: An Analysis of COVID-19 Crisis in Bangladesh," Public Organization Review, Springer, vol. 21(4), pages 797-813, December.
    15. Yiyan Chen & Zhaoyun Tang, 2023. "A Study of Multidimensional and Persistent Poverty among Migrant Workers: Evidence from China’s CFPS 2014–2020," Sustainability, MDPI, vol. 15(10), pages 1-15, May.
    16. Li, Kathy K. & Abelson, Julia & Giacomini, Mita & Contandriopoulos, Damien, 2015. "Conceptualizing the use of public involvement in health policy decision-making," Social Science & Medicine, Elsevier, vol. 138(C), pages 14-21.
    17. Jose Antonio Alonso & Ana Luiza Cortez & Stephan Klasen, 2014. "LDC and other country groupings: How useful are current approaches to classify countries in a more hetergeneous developing world?," CDP Background Papers 021, United Nations, Department of Economics and Social Affairs.
    18. Ashari Ashari & Marthin Nanere & Philip Trebilcock, 2018. "Corruption awareness and ethical decision making in Indonesia," Business and Economic Horizons (BEH), Prague Development Center, vol. 14(3), pages 570-586, June.
    19. Nicolai Suppa, 2021. "Walls of glass. Measuring deprivation in social participation," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 19(2), pages 385-411, June.
    20. Antonakakis, Nikolaos & Darby, Julia, 2012. "Forecasting Volatility in Developing Countries' Nominal Exchange Returns," MPRA Paper 40875, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:15:y:2023:i:19:p:14574-:d:1255285. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.