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Chapter 5: Composite Economic Indicators

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1 Chapter 5: Composite Economic Indicators Contents Introduction ........................................ ........................................ ........................................ .............. 1 Arguments for and against Composite Economic Indicators ........................................ .................... 2 Composite Economic Indicators , some definitions ........................................ ................................... 3 Cyclical Composite Economic Indicators ........................................ ........................................ ........... 5 Non-Cyclical Indicators ........................................ ........................................ ...................................... 8 Structural Indicators .

There is an ongoing discussion on pros and cons for using composite indicators. The main advantages is that the indicators can summarize complex, multi-dimensional concepts in an easier ... Structural indicators, such as IT-development or globalization, describe situations or developments of the national economies that involves a permanent ...

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