Factor Analysis Versus Principal Component Analysis in the Case of "Infrastructural" Poverty Measurement

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dc.contributor.authorKrasnikova, Larysa
dc.contributor.authorPovoroznyk, B.
dc.date.accessioned2015-10-19T10:22:35Z
dc.date.available2015-10-19T10:22:35Z
dc.date.issued2007
dc.description.abstractWe consider alternative way of looking on the problem of poverty measurement based on asset index method. Our decision is motivated by a number of measurement problems that prevent the use of monetary metrics (consumption and income) of welfare in developing countries. We substantiate the conception of "infrastructural" poverty that allows to define economic status of households in terms of assets of wealth (durables) rather than in terms of monetary units (income and consumption). Factor Analysis and Principal Component analysis are used for construction an asset index that is a refection of welfare profile in terms of assets. We analyze the advantages of both methods in the asset index construction.en
dc.identifier.citationKrasnikova L. Factor Analysis Versus Principal Component Analysis in the Case of "Infrastructural" Poverty Measurement / L. Krasnikova, B. Povoroznyk. // Наукові записки НаУКМА. - 2007. - Т. 68 : Економічні науки. - С. 34-40.uk
dc.identifier.urihttps://ekmair.ukma.edu.ua/handle/123456789/6781
dc.language.isoukuk
dc.statuspublished earlieruk
dc.subjectрівень бідностіuk
dc.subjectконцепція "інфраструктурної" бідностіuk
dc.subjectактивиuk
dc.subject"infrastructural" povertyen
dc.subjectPrincipal Component Analysisen
dc.subjectPCAen
dc.subjectFAen
dc.subjectFactor analysisen
dc.titleFactor Analysis Versus Principal Component Analysis in the Case of "Infrastructural" Poverty Measurementen
dc.title.alternativeФакторний аналіз та аналіз головних компонентів у вимірюванні "інфраструктурної" бідностіuk
dc.typeArticleuk
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