IDEAS home Printed from https://ideas.repec.org/a/eee/wdevel/v126y2020ics0305750x19303572.html
   My bibliography  Save this article

The Proteus composite index: Towards a better metric for global food security

Author

Listed:
  • Caccavale, Oscar Maria
  • Giuffrida, Valerio

Abstract

This paper proposes a new composite index to measure the multidimensional concept of food security. Although other indicators with the same objective exist, they come with several methodological shortfalls. The Proteus index makes a twofold contribution: a) we apply all the steps needed to tackle the uncertainty sources inherent to building a composite indicator (variable selection, data imputation, normalization, weighting and aggregation) and test the assumptions through a Monte Carlo procedure that applies a variance-based sensitivity analysis of model output; and b) the results are robust over time and are comparable within and between countries, thus allowing a measure that can track the country progress towards food security. We demonstrate that the main sources of output variability are weighting, normalization, data imputation, variable selection, and aggregation in descending order of importance, but interaction effects between the uncertainty sources also play a key role. The index provides a contribution to food security monitoring. While it identifies countries requiring priority attention for their chronic situation, it proves flexible enough to capture sudden onset crises. It also reflects the main drivers that can dramatically affect a country’s food security in the short run, insofar suggesting potential areas of intervention for policy makers.

Suggested Citation

  • Caccavale, Oscar Maria & Giuffrida, Valerio, 2020. "The Proteus composite index: Towards a better metric for global food security," World Development, Elsevier, vol. 126(C).
  • Handle: RePEc:eee:wdevel:v:126:y:2020:i:c:s0305750x19303572
    DOI: 10.1016/j.worlddev.2019.104709
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0305750X19303572
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.worlddev.2019.104709?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. Baharumshah, Ahmad Zubaidi & Lau, Evan & Fountas, Stilianos, 2003. "On the sustainability of current account deficits: evidence from four ASEAN countries," Journal of Asian Economics, Elsevier, vol. 14(3), pages 465-487, June.
    2. Maricic, Milica & Bulajic, Milica & Dobrota, Marina & Jeremic, Veljko, 2016. "Redesigning The Global Food Security Index: A Multivariate Composite I-Distance Indicator Approach," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 4(1), pages 1-18, January.
    3. Eugenio Bobenrieth & Brian Wright & Di Zeng, 2013. "Stocks-to-use ratios and prices as indicators of vulnerability to spikes in global cereal markets," Agricultural Economics, International Association of Agricultural Economists, vol. 44(s1), pages 43-52, November.
    4. Enrico Casadio Tarabusi & Paolo Palazzi, 2004. "An index for sustainable development," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 57(229), pages 185-206.
    5. Pangaribowo, Evita Hanie & Gerber, Nicolas & Torero, Maximo, 2013. "Food and Nutrition Security Indicators: A Review," Working Papers 147911, University of Bonn, Center for Development Research (ZEF).
    6. Menzie Chinn, 2006. "A Primer on Real Effective Exchange Rates: Determinants, Overvaluation, Trade Flows and Competitive Devaluation," Open Economies Review, Springer, vol. 17(1), pages 115-143, January.
    7. Eswar S. Prasad & Raghuram G. Rajan & Arvind Subramanian, 2007. "Foreign Capital and Economic Growth," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 38(1), pages 153-230.
    8. Zsolt Darvas, 2012. "Real Effective Exchange Rates for 178 Countries: a New Database," Working Papers 1201, Department of Mathematical Economics and Economic Analysis, Corvinus University of Budapest.
    9. Michela Nardo & Michaela Saisana & Andrea Saltelli & Stefano Tarantola & Anders Hoffman & Enrico Giovannini, 2005. "Handbook on Constructing Composite Indicators: Methodology and User Guide," OECD Statistics Working Papers 2005/3, OECD Publishing.
    10. Francesco Vidoli & Elisa Fusco & Claudio Mazziotta, 2015. "Non-compensability in Composite Indicators: A Robust Directional Frontier Method," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 122(3), pages 635-652, July.
    11. Bahmani-Oskooee, Mohsen, 1991. "Is there a long-run relation between the trade balance and the real effective exchange rate of LDCs?," Economics Letters, Elsevier, vol. 36(4), pages 403-407, August.
    12. Enrico Casadio Tarabusi & Giulio Guarini, 2013. "An Unbalance Adjustment Method for Development Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 112(1), pages 19-45, May.
    13. Roderick J. A. Little & Donald B. Rubin, 1989. "The Analysis of Social Science Data with Missing Values," Sociological Methods & Research, , vol. 18(2-3), pages 292-326, November.
    14. Dani Rodrik, 2008. "The Real Exchange Rate and Economic Growth," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(2 (Fall)), pages 365-439.
    15. 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.
    16. Ralph Sundberg & Erik Melander, 2013. "Introducing the UCDP Georeferenced Event Dataset," Journal of Peace Research, Peace Research Institute Oslo, vol. 50(4), pages 523-532, July.
    17. Maxwell, Simon, 1996. "Food security: a post-modern perspective," Food Policy, Elsevier, vol. 21(2), pages 155-170, May.
    18. Honaker, James & King, Gary & Blackwell, Matthew, 2011. "Amelia II: A Program for Missing Data," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 45(i07).
    19. Krugman, Paul, 1979. "A Model of Balance-of-Payments Crises," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(3), pages 311-325, August.
    20. Makram El-Shagi & Axel Lindner & Gregor von Schweinitz, 2016. "Real Effective Exchange Rate Misalignment in the Euro Area: A Counterfactual Analysis," Review of International Economics, Wiley Blackwell, vol. 24(1), pages 37-66, February.
    21. te Lintelo, Dolf J.H. & Haddad, Lawrence J. & Leavy, Jennifer & Lakshman, Rajith, 2014. "Measuring the commitment to reduce hunger: A hunger reduction commitment index," Food Policy, Elsevier, vol. 44(C), pages 115-128.
    22. Masset, Edoardo, 2011. "A review of hunger indices and methods to monitor country commitment to fighting hunger," Food Policy, Elsevier, vol. 36(Supplemen), pages 102-108, January.
    23. M. Saisana & A. Saltelli & S. Tarantola, 2005. "Uncertainty and sensitivity analysis techniques as tools for the quality assessment of composite indicators," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 168(2), pages 307-323, March.
    24. Michael Freudenberg, 2003. "Composite Indicators of Country Performance: A Critical Assessment," OECD Science, Technology and Industry Working Papers 2003/16, OECD Publishing.
    25. Gentilini, Ugo & Webb, Patrick, 2008. "How are we doing on poverty and hunger reduction? A new measure of country performance," Food Policy, Elsevier, vol. 33(6), pages 521-532, December.
    26. Santeramo, Fabio Gaetano, 2014. "On the composite indicators for food security: Decisions matter!," MPRA Paper 58955, University Library of Munich, Germany.
    27. Wiesmann, Doris, 2006. "A global hunger index: measurement concept, ranking of countries, and trends," FCND discussion papers 212, International Food Policy Research Institute (IFPRI).
    28. Matteo Mazziotta & Adriano Pareto, 2016. "On a Generalized Non-compensatory Composite Index for Measuring Socio-economic Phenomena," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 127(3), pages 983-1003, July.
    29. King, Gary & Honaker, James & Joseph, Anne & Scheve, Kenneth, 2001. "Analyzing Incomplete Political Science Data: An Alternative Algorithm for Multiple Imputation," American Political Science Review, Cambridge University Press, vol. 95(1), pages 49-69, March.
    30. James Honaker & Gary King, 2010. "What to Do about Missing Values in Time‐Series Cross‐Section Data," American Journal of Political Science, John Wiley & Sons, vol. 54(2), pages 561-581, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Campi, Mercedes & Dueñas, Marco & Fagiolo, Giorgio, 2021. "Specialization in food production affects global food security and food systems sustainability," World Development, Elsevier, vol. 141(C).
    2. Otilia Vanessa Cordero-Ahiman & Jorge Leonardo Vanegas & Pablo Beltrán-Romero & María Elena Quinde-Lituma, 2020. "Determinants of Food Insecurity in Rural Households: The Case of the Paute River Basin of Azuay Province, Ecuador," Sustainability, MDPI, vol. 12(3), pages 1-18, January.
    3. Madurai Elavarasan, Rajvikram & Pugazhendhi, Rishi & Irfan, Muhammad & Mihet-Popa, Lucian & Campana, Pietro Elia & Khan, Irfan Ahmad, 2022. "A novel Sustainable Development Goal 7 composite index as the paradigm for energy sustainability assessment: A case study from Europe," Applied Energy, Elsevier, vol. 307(C).
    4. Campi, Mercedes & Dueñas, Marco & Fagiolo, Giorgio, 2020. "Specialization in food production, global food security and sustainability," Working papers 30, Red Investigadores de Economía.
    5. Tatar, Maryna, 2023. "Agricultural sector development and elasticity of its links with the food security level," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 9(4), December.
    6. Valiant O Odhiambo & Sheryl L Hendriks & Eness P Mutsvangwa-Sammie, 2021. "The effect of an objective weighting of the global food security index’s natural resources and resilience component on country scores and ranking," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 13(6), pages 1343-1357, December.
    7. Peters, Koen & Fleuren, H.A. & Cruijssen, Frans, 2024. "The Role of Analytics in Achieving the Sustainable Development Goal of Zero Hunger," Other publications TiSEM a228bc07-76f6-4405-b563-8, Tilburg University, School of Economics and Management.
    8. Kornher, Lukas & Kubik, Zaneta & Chichaibelu, Bezawit Beyene & Torero Cullen, Maximo, 2023. "The aid-nutrition link – Does targeted development assistance related to food systems matter?," World Development, Elsevier, vol. 162(C).
    9. Atieno, Prisca, 2021. "The effects of outdated data and outliers on Kenya's 2019 Global Food Security Index score and rank," Research Theses 334773, Collaborative Masters Program in Agricultural and Applied Economics.
    10. Ilan Stavi & Anastasia Paschalidou & Apostolos P. Kyriazopoulos & Rares Halbac-Cotoara-Zamfir & Si Mokrane Siad & Malgorzata Suska-Malawska & Dragisa Savic & Joana Roque de Pinho & Lisa Thalheimer & D, 2021. "Multidimensional Food Security Nexus in Drylands under the Slow Onset Effects of Climate Change," Land, MDPI, vol. 10(12), pages 1-14, December.
    11. Lina Baranauskaitė & Daiva Jurevičienė, 2021. "Import Risks of Agricultural Products in Foreign Trade," Economies, MDPI, vol. 9(3), pages 1-15, July.
    12. Hengli Wang & Hong Liu & Danyang Wang, 2022. "Agricultural Insurance, Climate Change, and Food Security: Evidence from Chinese Farmers," Sustainability, MDPI, vol. 14(15), pages 1-17, August.
    13. Ioannis Manikas & Balan Sundarakani & Foivos Anastasiadis & Beshir Ali, 2022. "A Framework for Food Security via Resilient Agri-Food Supply Chains: The Case of UAE," Sustainability, MDPI, vol. 14(10), pages 1-13, May.
    14. Peters, Koen & Fleuren, H.A. & Cruijssen, Frans, 2024. "The Role of Analytics in Achieving the Sustainable Development Goal of Zero Hunger," Discussion Paper 2024-009, Tilburg University, Center for Economic Research.

    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. Santeramo, Fabio Gaetano, 2014. "On the composite indicators for food security: Decisions matter!," MPRA Paper 58955, University Library of Munich, Germany.
    2. Milica Maricic & Jose A. Egea & Veljko Jeremic, 2019. "A Hybrid Enhanced Scatter Search—Composite I-Distance Indicator (eSS-CIDI) Optimization Approach for Determining Weights Within Composite Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 144(2), pages 497-537, July.
    3. 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.
    4. Edson Kogachi & Adonias Ferreira & Carlos Cavalcante & Marcelo Embiruçu, 2021. "Development of Performance Evaluation Indicators for Table Grape Packaging Units. 2. Global Indexes," Sustainability, MDPI, vol. 13(11), pages 1-16, June.
    5. Salvatore Greco & Alessio Ishizaka & Menelaos Tasiou & Gianpiero Torrisi, 2019. "On the Methodological Framework of Composite Indices: A Review of the Issues of Weighting, Aggregation, and Robustness," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(1), pages 61-94, January.
    6. Greco, Salvatore & Ishizaka, Alessio & Tasiou, Menelaos & Torrisi, Gianpiero, 2019. "Sigma-Mu efficiency analysis: A methodology for evaluating units through composite indicators," European Journal of Operational Research, Elsevier, vol. 278(3), pages 942-960.
    7. Maricic, Milica & Bulajic, Milica & Dobrota, Marina & Jeremic, Veljko, 2016. "Redesigning The Global Food Security Index: A Multivariate Composite I-Distance Indicator Approach," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 4(1), pages 1-18, January.
    8. Eduardo González & Ana Cárcaba & Juan Ventura, 2018. "Weight Constrained DEA Measurement of the Quality of Life in Spanish Municipalities in 2011," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 136(3), pages 1157-1182, April.
    9. Riccardo Natoli & Segu Zuhair, 2011. "Measuring Progress: A Comparison of the GDP, HDI, GS and the RIE," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 103(1), pages 33-56, August.
    10. Santeramo, Fabio Gaetano, 2016. "Methodological challenges in building composite indexes: Linking theory to practice," MPRA Paper 73276, University Library of Munich, Germany.
    11. Matteo Mazziotta & Adriano Pareto, 2016. "On a Generalized Non-compensatory Composite Index for Measuring Socio-economic Phenomena," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 127(3), pages 983-1003, July.
    12. Bilge Erten & Anton Korinek & José Antonio Ocampo, 2021. "Capital Controls: Theory and Evidence," Journal of Economic Literature, American Economic Association, vol. 59(1), pages 45-89, March.
    13. Van den Bossche, Filip & Rogge, Nicky & Devooght, Kurt & Van Puyenbroeck , Tom, 2009. "Robust CSR Investment Screening," Working Papers 2009/05, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
    14. 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.
    15. Michael Klien & Michael Böheim & Matthias Firgo & Andreas Reinstaller & Peter Reschenhofer & Yvonne Wolfmayr, 2021. "Stärkung der Unabhängigkeit des Wirtschaftsstandortes Österreich bei kritischen Produkten," WIFO Studies, WIFO, number 67234, April.
    16. P. Zhou & B. Ang, 2009. "Comparing MCDA Aggregation Methods in Constructing Composite Indicators Using the Shannon-Spearman Measure," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 94(1), pages 83-96, October.
    17. Carlo Drago, 2021. "The Analysis and the Measurement of Poverty: An Interval-Based Composite Indicator Approach," Economies, MDPI, vol. 9(4), pages 1-17, October.
    18. Mercè Crosas & Gary King & James Honaker & Latanya Sweeney, 2015. "Automating Open Science for Big Data," The ANNALS of the American Academy of Political and Social Science, , vol. 659(1), pages 260-273, May.
    19. L Cherchye & W Moesen & N Rogge & T Van Puyenbroeck & M Saisana & A Saltelli & R Liska & S Tarantola, 2008. "Creating composite indicators with DEA and robustness analysis: the case of the Technology Achievement Index," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(2), pages 239-251, February.
    20. Hatefi, S.M. & Torabi, S.A., 2010. "A common weight MCDA-DEA approach to construct composite indicators," Ecological Economics, Elsevier, vol. 70(1), pages 114-120, November.

    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:eee:wdevel:v:126:y:2020:i:c:s0305750x19303572. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/worlddev .

    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.