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Measuring Well-Being Over Time: The Adjusted Mazziotta–Pareto Index Versus Other Non-compensatory Indices

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  • Matteo Mazziotta

    (Italian National Institute of Statistics)

  • Adriano Pareto

    (Italian National Institute of Statistics)

Abstract

Most of the socio-economic phenomena such as development, well-being, and quality of life have a multidimensional nature and require the definition of a set of individual indicators to be properly assessed. Often, individual indicators are summarized and a composite index is created. One of the main problems in constructing composite indices is the choice of a method which allows time comparisons. In this paper, we consider the Adjusted Mazziotta–Pareto Index, a non-compensatory composite index used by the Italian National Institute of Statistics for measuring “Equitable and Sustainable Well-being” in Italy. An empirical comparison with some traditional non-compensatory indices is presented and an Influence Analysis is, for the first time, performed in order to assess the robustness of the index.

Suggested Citation

  • Matteo Mazziotta & Adriano Pareto, 2018. "Measuring Well-Being Over Time: The Adjusted Mazziotta–Pareto Index Versus Other Non-compensatory Indices," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 136(3), pages 967-976, April.
    • Handle: RePEc:spr:soinre:v:136:y:2018:i:3:d:10.1007_s11205-017-1577-5
    DOI: 10.1007/s11205-017-1577-5
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