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World Bank Doing Business Project and the statistical methods based on ranks: the paradox of the time indicator

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  • Antonio Cappiello

Abstract

The Doing Business (DB) Project of the World Bank has a large impact on media, policy makers and private sector and could have a significant influence on future policies implementation. For these reasons it would be important to better evaluate the rank criteria and avoid the choice of indicators that would possibly alter the nature of the empirical cases. After presenting the general principles of the percentile rank, we focus on the DB criteria for assigning the score to the time indicator. The paradox emerged from the analysis stresses the need of an empirical counterproof in order to avoid significant biases of the nature and the order of the considered phenomenon

Suggested Citation

  • Antonio Cappiello, 2014. "World Bank Doing Business Project and the statistical methods based on ranks: the paradox of the time indicator," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 68(1), pages 79-86, January-M.
    • Handle: RePEc:ite:iteeco:140104
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    File URL: http://www.sieds.it/listing/RePEc/journl/2014LXVIII_1_RIEDS_79_86_Cappiello.pdf
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    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. LE INARR€STABILI RIFORM€: LA GARA A CHI CE L'HA PIU' PICCOLO, L'INDICATORE
      by Quarantotto in Orizzonte48 on 2017-09-03 19:53:00

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    Cited by:

    1. Sieds, 2018. "Complete Volume LXXII n. 2 2018," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 72(2), pages 1-158, April-Jun.

    More about this item

    Keywords

    doing business; world rankings; starting a business; registering property; inequations; ranking methods; percentile rank; time indicator; mathematical paradox;
    All these keywords.

    JEL classification:

    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • L59 - Industrial Organization - - Regulation and Industrial Policy - - - Other
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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