IDEAS home Printed from https://ideas.repec.org/p/unu/wpaper/rp2009-41.html

Designing Composite Entrepreneurship Indicators: An Application Using Consensus PCA

Author

Listed:
  • Diego Bernardo Avanzini

Abstract

Existing indicators of entrepreneurial activity (such as the Global Entrepreneurship Monitor, Entrepreneurship Barometer, FORA's Entrepreneurship Index, OECD and Economic Commission's sets of indicators, among others) and several variables that have been considered good proxies for entrepreneurship during the last decades seem to be unsuitable to capture the complex relationship among economic, social, and demographic factors driving entrepreneurial activity.

Suggested Citation

  • Diego Bernardo Avanzini, 2009. "Designing Composite Entrepreneurship Indicators: An Application Using Consensus PCA," WIDER Working Paper Series RP2009-41, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:rp2009-41
    as

    Download full text from publisher

    File URL: https://www.wider.unu.edu/sites/default/files/RP2009-41.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Filmer, Deon & Pritchett, Lant, 1998. "Estimating wealth effects without expenditure data - or tears : with an application to educational enrollments in states of India," Policy Research Working Paper Series 1994, The World Bank.
    2. Cortinovis, I. & Vella, V. & Ndiku, J., 1993. "Construction of a socio-economic index to facilitate analysis of health data in developing countries," Social Science & Medicine, Elsevier, vol. 36(8), pages 1087-1097, April.
    3. Shin-ichi Fukuda & Takashi Onodera, 2001. "A New Composite Index of Coincident Economic Indicators in Japan: How can we improve the forecast performance? ," CIRJE F-Series CIRJE-F-101, CIRJE, Faculty of Economics, University of Tokyo.
    4. Louis Guttman, 1954. "Some necessary conditions for common-factor analysis," Psychometrika, Springer;The Psychometric Society, vol. 19(2), pages 149-161, June.
    5. Nadim Ahmad & Anders Hoffmann, 2008. "A Framework for Addressing and Measuring Entrepreneurship," OECD Statistics Working Papers 2008/2, OECD Publishing.
    6. Deon Filmer & Lant Pritchett, 2001. "Estimating Wealth Effects Without Expenditure Data—Or Tears: An Application To Educational Enrollments In States Of India," Demography, Springer;Population Association of America (PAA), vol. 38(1), pages 115-132, February.
    7. I. T. Jolliffe, 1973. "Discarding Variables in a Principal Component Analysis. Ii: Real Data," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 22(1), pages 21-31, March.
    8. Michael Freudenberg, 2003. "Composite Indicators of Country Performance: A Critical Assessment," OECD Science, Technology and Industry Working Papers 2003/16, OECD Publishing.
    9. Nadim Ahmad & Richard G. Seymour, 2008. "Defining Entrepreneurial Activity: Definitions Supporting Frameworks for Data Collection," OECD Statistics Working Papers 2008/1, OECD Publishing.
    10. David B. Audretsch & Roy Thurik, 2001. "Linking Entrepreneurship to Growth," OECD Science, Technology and Industry Working Papers 2001/2, OECD Publishing.
    11. I. T. Jolliffe, 1972. "Discarding Variables in a Principal Component Analysis. I: Artificial Data," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 21(2), pages 160-173, June.
    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. Alfredo Pérez-Paredes & Pablo Palacios-Duarte & Amado Torralba-Flores, 2021. "Expectations and beliefs of Mexican entrepreneurs, from a gender perspective," TEC Empresarial, School of Business, Costa Rica Institute of Technology (ITCR), vol. 15(2), pages 50-66.
    2. Andrés Solimano & Diego Bernardo Avanzini, 2010. "The International Circulation of Elites: Knowledge, Entrepreneurial and Political," WIDER Working Paper Series wp-2010-113, World Institute for Development Economic Research (UNU-WIDER).
    3. Michael Sheriff & Moreno Muffatto & Sarah Cooper, 2016. "Measuring entrepreneurship environments in Africa: challenges in using international reports," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 20(1/2), pages 20-44.

    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. Kaguongo, Wachira & Ortmann, Gerald F. & Wale, Edilegnaw & Darroch, Mark A.G. & Low, Jan W., 2010. "Factors influencing adoption and intensity of adoption of orange flesh sweetpotato varieties: evidence from an extension intervention in Nyanza and Western province, Kenya," 2010 AAAE Third Conference/AEASA 48th Conference, September 19-23, 2010, Cape Town, South Africa 96805, African Association of Agricultural Economists (AAAE).
    2. Sandra Viviana Polan√Ça Reyes, 2005. "Capital Social E Ingreso De Los Hogares Del Sector Urbano En Colombia," Documentos CEDE 2099, Universidad de los Andes, Facultad de Economía, CEDE.
    3. David Bishaia & Michael Koenig & Mehrab Ali Khan, 2003. "Measles vaccination improves the equity of health outcomes: evidence from Bangladesh," Health Economics, John Wiley & Sons, Ltd., vol. 12(5), pages 415-419, May.
    4. Adam Wagstaff & Magnus Lindelow, 2014. "Are Health Shocks Different? Evidence From A Multishock Survey In Laos," Health Economics, John Wiley & Sons, Ltd., vol. 23(6), pages 706-718, June.
    5. Hong Joo Lee, 2019. "What Factors Are Necessary for Sustaining Entrepreneurship?," Sustainability, MDPI, vol. 11(11), pages 1-20, May.
    6. Lopez-Feldman, Alejandro, 2005. "Panel Data Evidence on the Determinants of Non-Timber Forest Products Extraction: The Case of Xate in Mexico," 2005 Annual meeting, July 24-27, Providence, RI 19410, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Tarozzi, Alessandro & Mahajan, Aprajit, 2005. "Child Nutrition in India in the Nineties: A Story of Increased Gender Inequality?," Working Papers 05-06, Duke University, Department of Economics.
    8. Rama Pal, 2010. "Analysing Catastrophic OOP Health Expenditure in India: Concepts, Determinants and Policy Implications," Working Papers id:2420, eSocialSciences.
    9. Nava Ashraf & James Berry & Jesse M. Shapiro, 2010. "Can Higher Prices Stimulate Product Use? Evidence from a Field Experiment in Zambia," American Economic Review, American Economic Association, vol. 100(5), pages 2383-2413, December.
    10. Patrick Ward, 2014. "Measuring the Level and Inequality of Wealth: An Application to China," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(4), pages 613-635, December.
    11. Behrman, Jere R. & Skoufias, Emmanuel, 2004. "Correlates and determinants of child anthropometrics in Latin America: background and overview of the symposium," Economics & Human Biology, Elsevier, vol. 2(3), pages 335-351, December.
    12. Schady, Norbert & Araujo, Maria Caridad, 2006. "Cash transfers, conditions, school enrollment, and child work : evidence from a randomized experiment in Ecuador," Policy Research Working Paper Series 3930, The World Bank.
    13. Pacheco, Joaquín & Casado, Silvia & Porras, Santiago, 2013. "Exact methods for variable selection in principal component analysis: Guide functions and pre-selection," Computational Statistics & Data Analysis, Elsevier, vol. 57(1), pages 95-111.
    14. Locatelli, Andrea & Carneiro, Pedro & Gebremeskel, Tewolde & Keating, Joseph, 2011. "Behavioral Response to an Anti Malaria Spraying Campaign, with Evidence from Eritrea," Proceedings of the German Development Economics Conference, Berlin 2011 53, Verein für Socialpolitik, Research Committee Development Economics.
    15. Shivani A. Patel & Susan G. Sherman & Subarna K. Khatry & Steven C. LeClerq & Joanne Katz & James M. Tielsch & Parul Christian, 2016. "An Index of Community-Level Socioeconomic Composition for Global Health Research," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 129(2), pages 639-658, November.
    16. Kanako Ishida, 2010. "The Role of Ethnicity in Father Absence and Children’s School Enrollment in Guatemala," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 29(4), pages 569-591, August.
    17. Ashish Singh, 2011. "Inequality of Opportunity in Indian Children: The Case of Immunization and Nutrition," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 30(6), pages 861-883, December.
    18. Martínez-Ventura, Constanza & Mariño-Martínez, Ricardo & Miguélez-Márquez, Javier, 2023. "Redundancy of Centrality Measures in Financial Market Infrastructures," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 4(4).
    19. Eliana Jimenez & Ignacio Correa-Valez & Richard P.C. Brown, 2008. "Wealthy and Healthy in the South Pacific," Discussion Papers Series 378, School of Economics, University of Queensland, Australia.
    20. Ainsworth, Martha & Filmer, Deon, 2002. "Poverty, AIDS, and children's schooling - a targeting dilemma," Policy Research Working Paper Series 2885, The World Bank.

    More about this item

    Keywords

    ;
    ;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:unu:wpaper:rp2009-41. 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: Siméon Rapin (email available below). General contact details of provider: https://edirc.repec.org/data/widerfi.html .

    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.