Corpus ID: 14208792

Version November , 2003 On the Methodological Foundations of Composite Indicators Used for Ranking Countries

@inproceedings{Munda2003VersionN,
  title={Version November , 2003 On the Methodological Foundations of Composite Indicators Used for Ranking Countries},
  author={G. Munda and M. Nardo},
  year={2003}
}
Composite indicators are very common in economic and business statistics for benchmarking the mutual and relative progress of countries in a variety of policy domains such as industrial competitiveness, sustainable development, globalisation and innovation. As a consequence, improvements in the way these indicators are constructed and used seem to be a very important research issue from both the theoretical and operational points of view. This paper starts with an analysis of the axiomatic… Expand
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