Browsing by Subject "Synthetic indexes"

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    A quality of life index for Spanish Regions: a dynamic application of the DP2 distance method
    (Universidad de Almería, 2025-06-23) Esteban Yago, Miguel; Buendia Azorín, José Daniel; Sánchez de la Vega, José Carlos; Economía Aplicada
    This study proposes the construction of a composite Life Quality Index (LQI) for Spain’s autonomous communities and cities using a dynamic version of the DP2 distance, originally developed by Pena-Trapero (1977). This methodology offers several advantages: (1) it enables both cross-sectional and temporal comparisons across territorial units; (2) it applies an objective weighting criterion; and (3) it eliminates redundant information among indicators. The results reveal that the LQI displays significant cyclical sensitivity, highlighting substantial differences across dimensions in both levels and trends. Moreover, the study underscores the need to expand the informational basis for certain dimensions such as Education, Leisure and Social Relations, Governance and Fundamental Rights, and General Life Experience.