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The Global MPI uses three standard dimensions: Health; Education; Standard of Living and ten indicators. [11] These mirror the Human Development Index (HDI).. Multidimensional Poverty Indices used for purposes other than global comparison have sometimes used different dimensions, including income and consumption.
Break down by dimension/indicator. the measure can be broken down (decomposed) after identification to show which deprivations are driving poverty among and within groups. Compare across time . the measure can be used to monitor changes in poverty and the composition of poverty over time using time series or panel data.
The Mazziotta–Pareto index (MPI) is a composite index [1] (OECD, 2008 [2]) for summarizing a set of individual indicators that are assumed to be not fully substitutable. [3] It is based on a non-linear function which, starting from the arithmetic mean of the normalized indicators, introduces a penalty for the units with unbalanced values of the indicators (De Muro et al., 2011 [4]).
Example: If 10 people are poor in a survey that samples 1000 people, then Po = 10/1000 = 0.01 = 1% Its often helpful to rewrite: = = (<), Here, I(·) is an indicator function that takes on a value of 1 if the bracketed expression is true, and 0 otherwise. So if expenditure (yi) is less than the poverty line (z), then I(·) equals 1 and the ...
A notable criticism is that although the Social Progress Index can be seen as a superset of indicators used by earlier econometric models such as Gross National Well-being Index 2005, Bhutan Gross National Happiness Index of 2012, and World Happiness Report of 2012, unlike them, it ignores measures of subjective life satisfaction and ...
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Indicators used are: Probability at birth of not surviving to age 60 (% of cohort), 2000–2005. Varies from 7.1% for Japan to 11.8% for the USA. This is the indicator that is best known for all countries (including the ones not on the list). The US has specific values associated with disease characteristics of poverty.