IDEAS home Printed from https://ideas.repec.org/a/spr/qualqt/v57y2023i1d10.1007_s11135-022-01345-5.html
   My bibliography  Save this article

Predictive & representative composite score

Author

Listed:
  • Seonwoong Eo

    (Innovation Team, Ilhwa Co., Ltd.)

  • Heungsun Park

    (Hankuk University of Foreign Studies)

  • Young Rock Kim

    (Hankuk University of Foreign Studies
    Korea Institute for Advanced Study)

Abstract

A composite score is made up of two or more variables that are conceptually or statistically correlated. There have been many methods to make composite scores, but it is still not easy to construct a desirable composite score given variables for a specific purpose. In this article, we present the composite scoring methods which represent each subgroup variable as equally as possible while having a predictive relationship to a future dependent variable. The presented composite scoring methods are also compared with the conventional methods for different correlation structures.

Suggested Citation

  • Seonwoong Eo & Heungsun Park & Young Rock Kim, 2023. "Predictive & representative composite score," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(1), pages 1-14, February.
    • Handle: RePEc:spr:qualqt:v:57:y:2023:i:1:d:10.1007_s11135-022-01345-5
    DOI: 10.1007/s11135-022-01345-5
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11135-022-01345-5
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11135-022-01345-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Meghnad Desai & Sakiko Fukuda-Parr & Claes Johansson & Fransisco Sagasti, 2002. "Measuring the Technology Achievement of Nations and the Capacity to Participate in the Network Age," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 3(1), pages 95-122.
    2. Frederik Booysen, 2002. "An Overview and Evaluation of Composite Indices of Development," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 59(2), pages 115-151, August.
    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. Goletsis, Y. & Chletsos, M., 2011. "Measurement of development and regional disparities in Greek periphery: A multivariate approach," Socio-Economic Planning Sciences, Elsevier, vol. 45(4), pages 174-183, December.
    2. Laurens Cherchye & Willem Moesen & Nicky Rogge & Tom Puyenbroeck, 2007. "An Introduction to ‘Benefit of the Doubt’ Composite Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 82(1), pages 111-145, May.
    3. Matthias Firgo & Fabian Gabelberger & Andreas Reinstaller & Yvonne Wolfmayr, 2024. "Assessing Regional Production Potential to Strengthen the Security of Supply in Strategic Products," WIFO Working Papers 670, WIFO.
    4. Giacomo Falchetta & Nicolò Stevanato & Magda Moner-Girona & Davide Mazzoni & Emanuela Colombo & Manfred Hafner, 2020. "M-LED: Multi-sectoral Latent Electricity Demand Assessment for Energy Access Planning," Working Papers 2020.09, Fondazione Eni Enrico Mattei.
    5. William P. O’Hare, 2016. "A State Level Assessment of the Well-Being of Black Children in the United States," Child Indicators Research, Springer;The International Society of Child Indicators (ISCI), vol. 9(1), pages 277-297, March.
    6. Cherchye, Laurens & Knox Lovell, C.A. & Moesen, Wim & Van Puyenbroeck, Tom, 2007. "One market, one number? A composite indicator assessment of EU internal market dynamics," European Economic Review, Elsevier, vol. 51(3), pages 749-779, April.
    7. Ángeles Sánchez-Domínguez & Maria J. Ruiz Martos, 2013. "Europe 2020 strategy: a strategy for which type of growth?," ThE Papers 13/11, Department of Economic Theory and Economic History of the University of Granada..
    8. Greco, Salvatore & Ishizaka, Alessio & Tasiou, Menelaos & Torrisi, Gianpiero, 2018. "σ-µ efficiency analysis: A new methodology for evaluating units through composite indices," MPRA Paper 83569, University Library of Munich, Germany.
    9. Javier García López & Raffaele Sisto & Javier Benayas & Álvaro de Juanes & Julio Lumbreras & Carlos Mataix, 2021. "Assessment of the Results and Methodology of the Sustainable Development Index for Spanish Cities," Sustainability, MDPI, vol. 13(11), pages 1-29, June.
    10. Drew D. Bowman & Leia M. Minaker & Bonnie J. K. Simpson & Jason A. Gilliland, 2019. "Development of a Teen-Informed Coding Tool to Measure the Power of Food Advertisements," IJERPH, MDPI, vol. 16(21), pages 1-19, November.
    11. Cheng Peng & Xunbo Wu & Yelin Fu & Kin Keung Lai, 2017. "Alternative approaches to constructing composite indicators: an application to construct a Sustainable Energy Index for APEC economies," Operational Research, Springer, vol. 17(3), pages 747-759, October.
    12. Khatab Alqararah, 2023. "Assessing the robustness of composite indicators: the case of the Global Innovation Index," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-22, December.
    13. Samy Katumba & Julia Kadt & Mark Orkin & Paul Fatti, 2022. "Construction of a Reflective Quality of Life Index for Gauteng Province in South Africa," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(1), pages 373-408, November.
    14. Giulia Greco, 2018. "Setting the Weights: The Women’s Capabilities Index for Malawi," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 135(2), pages 457-478, January.
    15. Ye Seul Choi & Up Lim, 2015. "Effects of Regional Creative Milieu on Interregional Migration of the Highly Educated in Korea: Evidence from Hierarchical Cross-Classified Linear Modeling," Sustainability, MDPI, vol. 7(12), pages 1-18, December.
    16. Talita Greyling & Fiona Tregenna, 2017. "Construction and Analysis of a Composite Quality of Life Index for a Region of South Africa," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 131(3), pages 887-930, April.
    17. Rajesh Shukla & Martin W Bauer, 2009. "Construction and Validation of ‘Science Culture Index’," Development Economics Working Papers 22177, East Asian Bureau of Economic Research.
    18. Laurens CHERCHYE & Willem MOESEN & Nicky ROGGE & Tom VAN PUYENBROECK, 2009. "Constructing a knowledge economy composite indicator with imprecise data," Working Papers of Department of Economics, Leuven ces09.15, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
    19. Attila Havas, 2016. "Social and Business Innovations: Are Common Measurement Approaches Possible?," Foresight-Russia Форсайт, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 10(2 (eng)), pages 58-80.
    20. repec:kqi:journl:2018-2-1-3 is not listed on IDEAS
    21. Vijaya Krishnan, 2015. "Development of a Multidimensional Living Conditions Index (LCI)," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 120(2), pages 455-481, January.

    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:spr:qualqt:v:57:y:2023:i:1:d:10.1007_s11135-022-01345-5. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.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.