Coefficient of Structural Concordance and an Example of its Application: Labour Productivity and Wages in Slovenia
The article presents the underlying principles, derivation and properties of a simple descriptive measure of concordance between two analogous rank structures that we call the coefficient of structural concordance. It is based upon the idea of Kendalls coefficient of concordance, which we extend to two rank structures. As the coefficient of structural concordance is a pure intergroup measure of concordance, it is designed to complement the Kendalls intragroup coefficient of concordance. We apply this descriptive measure by exploring the relationship between wages and labour productivity in Slovenia for the period 19982007. We are able to confirm the hypothesis of high concordance between wages and labour productivity, which indicates a stimulative role of wages in production of market traded goods and services.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- W. Schucany & W. Frawley, 1973. "A rank test for two group concordance," Psychometrika, Springer;The Psychometric Society, vol. 38(2), pages 249-258, June.
- Grzegorzewski, Przemyslaw, 2006. "The coefficient of concordance for vague data," Computational Statistics & Data Analysis, Elsevier, vol. 51(1), pages 314-322, November.
- Lawrence Hubert, 1979. "Generalized concordance," Psychometrika, Springer;The Psychometric Society, vol. 44(2), pages 135-142, June.
When requesting a correction, please mention this item's handle: RePEc:voj:journl:v:56:y:2009:i:2:p:227-240. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ivana Horvat)
If references are entirely missing, you can add them using this form.