Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/257303 
Authors: 
Year of Publication: 
2021
Citation: 
[Journal:] Economies [ISSN:] 2227-7099 [Volume:] 9 [Issue:] 4 [Article No.:] 145 [Publisher:] MDPI [Place:] Basel [Year:] 2021 [Pages:] 1-17
Publisher: 
MDPI, Basel
Abstract: 
The study of poverty and its quantification is a critical yet unresolved problem in social science. This work seeks to use a new composite indicator to assess poverty as a multidimensional concept. However, subjective decisions, such as various weighting systems on the indicator's creation, may affect its perception. In order to solve this issue, we propose to use random different composite indicators based on simulated weightings and specifications to get a comprehensive interval-based composite indicator. Our method generates robust and trustworthy measurements based on a meaningful conceptual model of poverty. Furthermore, we use some interval parameters such as the upper bound, center, and lower bound to compare the different intervals related to the different statistical units and rankings to aid in analyzing extreme situations and policy scenarios. In Sicily, Calabria, Campania, and Puglia, we identify urgent circumstances. The findings reveal a consistent indicator measurement and the shadow sector's influence on the final measurements.
Subjects: 
poverty
composite indicators
interval data
interval-based composite indicators
JEL: 
C02
C15
C43
I3
I32
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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