The Ivie has coordinated working paper number 2 of 2011, published by the BBVA Foundation, "Who Meets the Standards? A Multidimensional Approach". This study, along with other papers, is available on the BBVA Foundation website.
Working paper no. 2/2011: Who Meets the Standards? A Multidimensional Approach
We consider here the evaluation of the performance of a society with respect to a given set of targets. We provide a characterization of an intuitive evaluation formula that consists of the mean of the achievement to target radio. The criterion so obtained permits one not only to endogenously determine who meets the standards and who does not, but also to quantify the degree of fulfillment. Two empirical illustrations are provided: compliance with the European Union Stability and Growth Pact, on the one hand, and the evaluation of research excellence in Spanish universities, on the other.
Antonio Villar is currently a researcher at the Ivie and professor at the Pablo Olavide University of Seville.
Working paper no. 2/2011: Who Meets the Standards? A Multidimensional Approach
We consider here the evaluation of the performance of a society with respect to a given set of targets. We provide a characterization of an intuitive evaluation formula that consists of the mean of the achievement to target radio. The criterion so obtained permits one not only to endogenously determine who meets the standards and who does not, but also to quantify the degree of fulfillment. Two empirical illustrations are provided: compliance with the European Union Stability and Growth Pact, on the one hand, and the evaluation of research excellence in Spanish universities, on the other.Antonio Villar is currently a researcher at the Ivie and professor at the Pablo Olavide University of Seville.