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The number of composite indices that are constructed and used internationally is growing very fast; but whilst the complexity of quantitative techniques has increased dramatically, the education and training in this area has been dragging and lagging behind. As a consequence, these simple numbers, expected to synthesize quite complex issues, are often presented to the public and used in the political debate without proper emphasis on their intrinsic limitations and correct interpretations. In this course on global statistics, offered by the University of Geneva jointly with the ETH Zürich KOF, you will learn the general approach of constructing composite indices and some of resulting problems. We will discuss the technical properties, the internal structure (like aggregation, weighting, stability of time series), the primary data used and the variable selection methods. These concepts will be illustrated using a sample of the most popular composite indices. We will try to address not only statistical questions but also focus on the distinction between policy-, media- and paradigm-driven indicators....
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Intermediate Level

中級

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建議:5 weeks, 3 hours per week (6 hours for week 2 only if no background on statistics)

完成時間大約為15 小時
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Globe

100% 在線課程

立即開始,按照自己的計劃學習。
Calendar

可靈活調整截止日期

根據您的日程表重置截止日期。
Intermediate Level

中級

Clock

建議:5 weeks, 3 hours per week (6 hours for week 2 only if no background on statistics)

完成時間大約為15 小時
Comment Dots

English

字幕:English

教學大綱 - 您將從這門課程中學到什麼

1

章節
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完成時間為 1 小時

Welcome module

Welcome to the first module of this course. In this welcome module, you will be introduced with the Professors that will take part in this course on composites indices. We explain the rationale for composite indices (CIs) and show how they can be of interest. This course is open to NGO members, politicians, journalists, students and all persons interested in understanding, creating and/or interpreting CIs. By the end of this first module, you will have an overview of the content of the course week by week. ...
Reading
2 個視頻(共 10 分鐘), 4 個閱讀材料
Video2 個視頻
Trailer2分鐘
1.1.1 Welcome - introduction to the objectives and content of the course6分鐘
Reading4 個閱讀材料
Slides for Lesson 1 introduction to objectives and content of the course10分鐘
Syllabus10分鐘
List of Acronyms10分鐘
List of References10分鐘
Clock
完成時間為 3 小時

Some introductory issues

This module contains four lessons. The first lesson is an introduction to CIs. It defines what a CI is, introduces their mathematical notation and reviews some core historical aspects of their development, the need and use of CIs. The second lesson focuses on the demand for CIs while the third lesson develops a qualitative framework for the construction of CIs. More specifically, the intrinsic quality of CIs is discussed by reviewing their pros and cons. Finally, the last lesson of this introductory module sketches the steps involved in the construction of a CI. Learning outcomes: by the end of this module you will have a clear idea what a CI is (definition, ingredients, history, objective), know why it is needed and where it is used (needs and demand), be familiar with the quality requirements and have a first idea steps involved in the construction of a CI. ...
Reading
10 個視頻(共 97 分鐘), 4 個閱讀材料, 1 個測驗
Video10 個視頻
2.1.2 Need, use, pros and cons of composite indices8分鐘
2.2.2 Statistical offices and the public demand, part I15分鐘
2.2.3 Statistical offices and the public demand, part II8分鐘
2.2.4 The demand for social indicators1分鐘
2.2.5 The political demand, part I10分鐘
2.2.6 The political demand, part II9分鐘
2.3.1 Good practices for composite indices, part I12分鐘
2.3.2 Good practices for composite indices, part II10分鐘
2.4.1 Constructing composite indices: an overview14分鐘
Reading4 個閱讀材料
Slides for lesson 1 introduction, definition and first examples10分鐘
Slides for Lesson 2 the demand for composite indices10分鐘
Slides for Lesson 3 towards a quality framework10分鐘
Slides for Lesson 4 the steps of constructing a composite index10分鐘
Quiz1 個練習
Quizz Module 220分鐘

2

章節
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完成時間為 3 小時

The steps of constructing a composite index

This module is organized along four lessons. The objective of this module is to familiarize you with the key steps to undertake when constructing a CI. The first lesson will develop a theoretical framework to support CIs’ construction. Notably, it will cover topics such as variables selection and data issues. The second lesson will introduce a unifying approach to construct CI by discussing aspects related to transformation functions and the elasticity of substitution. The entire third lesson will be devoted to an essential aspect in the construction of a CI: the choice of weights. Finally, the module will conclude by addressing questions arising after the construction of a CI. For instance, lesson four will discuss how to assess the robustness of the resulting CI. By the end of this module you will be familiar with all the most important technical (or say statistical) steps involved in constructing CIs. ...
Reading
10 個視頻(共 93 分鐘), 4 個閱讀材料, 1 個測驗
Video10 個視頻
3.1.2 Developing an economic/statistical framework, part II12分鐘
3.1.3 Selecting variables and data issues9分鐘
3.2.1 A unifying framework for composite indices4分鐘
3.2.2 The transformation functions10分鐘
3.2.3 The elasticity of substitution6分鐘
3.3.1 Choosing the weights, part I9分鐘
3.3.2 Choosing the weights, part II17分鐘
3.3.3 Choosing the weights, part III6分鐘
3.4.1 Robustness of results7分鐘
Reading4 個閱讀材料
Slides for Lesson 1 developing an economic/statistical framework10分鐘
Slides for Lesson 2 A unifying approach to construct composite indices10分鐘
Slides for Lesson 3 Choosing the weights10分鐘
Slides for Lesson 4 After the construction10分鐘
Quiz1 個練習
Quizz Module 320分鐘

3

章節
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完成時間為 3 小時

Globalization and Youth labour market indices (ETH Zurich/KOF)

In this module, you will discover two popular indices developed by ETH Zurich: the Young Labour Market Index and the KOF Globalization index. In the first lesson of this week, you will learn more about the Youth Labour Market Index (YLMI). The KOF YLMI captures various aspects of the youth labour market situation of countries across the world. You will learn which indicators are included in the KOF YLMI and how these are aggregated into a single index. Furthermore, you will get to know an online tool that invites you to analyse the youth labour market situation yourself. In the second lesson of this module, you will learn about the KOF Globalization Index which is a widely used composite indicator that measures the degree of globalization for every country in the world since 1970. It distinguishes between three dimensions of globalization: Economic, social and political globalization. In the following module, you will learn why it is important to measure globalization and what the different stages in constructing the KOF Globalization Index are. A critical discussion of the Index sums up the module. ...
Reading
10 個視頻(共 66 分鐘), 8 個閱讀材料, 1 個測驗
Video10 個視頻
4.1.2 Introduction to the index and YLMI tool4分鐘
4.1.3 Index components7分鐘
4.1.4 Index aggregation and results7分鐘
4.1.5 User perspective3分鐘
4.2.1 Motivation of the KOF Globalization index4分鐘
4.2.2 Selection of variables10分鐘
4.2.3 Normalization, weighting and aggregation6分鐘
4.2.4 Results7分鐘
4.2.5 User perspective10分鐘
Reading8 個閱讀材料
Slides for Lesson 1 Youth Labour Market Index10分鐘
KOF Study n°51 (optional)10分鐘
KOF Study n°67 (optional)10分鐘
KOF Study n°83 (optional)10分鐘
Slides for Lesson 2 KOF Globalization Index10分鐘
IMF 2007 Reaping the benefits of financial globalization (optional)10分鐘
Kose et al., IMF 2009 (optional)10分鐘
Schularick, JFE 2006 (optional)10分鐘
Quiz1 個練習
Quizz Module 420分鐘

4

章節
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完成時間為 2 小時

Export Potential Assessment (ITC)

This module focuses on trade indices developed by the International Trade Centre, the Export Potential Index (EDI) and the Product Diversification index (PDI). Frictions often create a gap between what a country could export and what it does export to markets around the world. Trade advisers could better address these frictions and help firms realize greater exports if they knew exactly which products and markets offer best chances. During this week, you will learn about the Export Potential Assessment (EPI and PDI), which indicates products, sectors and markets for trade development activities for over 200 countries and 4,000 products. Based upon an assessment of the exporting country’s supply capacity, the target market’s demand and tariff conditions as well as the bilateral links between the exporting country and the target market, it provides a ranking of untapped opportunities. ...
Reading
12 個視頻(共 65 分鐘), 3 個閱讀材料, 1 個測驗
Video12 個視頻
5.1.2 Global overview of the export potential assessment3分鐘
5.1.3 Motivation and data treatment8分鐘
5.1.4 Economic framework4分鐘
5.1.5 First dimension: the supply side7分鐘
5.1.6 Second dimension: the demand side5分鐘
5.1.7 Third dimension: the bilateral trade relations, and results4分鐘
5.1.8 Aggregation and final indicator construction5分鐘
5.2.1 Overview of PDI, motivation and data treatment5分鐘
5.2.2 The product space methodology6分鐘
5.2.3 Dimensions of the index: supply and demand sides, and results7分鐘
5.2.4 User perspective2分鐘
Reading3 個閱讀材料
Slides for Lesson 1 Export Potential Index10分鐘
Export Potential Assessment Methodology (optional)10分鐘
Slides for Lesson 2 Product Diversification Index10分鐘
Quiz1 個練習
Quizz Module 520分鐘

講師

Stefan Andreas Sperlich

Professor
GSEM, Research Center for Statistics

Juan Manuel Rodriguez Poo (in Partnership with UNIGE)

Professor
Departamento de Economía, Universidad de Cantabria

關於 University of Geneva

Founded in 1559, the University of Geneva (UNIGE) is one of Europe's leading universities. Devoted to research, education and dialogue, the UNIGE shares the international calling of its host city, Geneva, a centre of international and multicultural activities with a venerable cosmopolitan tradition....

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