Publication

Entropy-based benchmarking methods

Temurshoev, U., 2012, Groningen: GGDC, (GGDC Working Papers; vol. GD-122).

Research output: Working paperAcademic

APA

Temurshoev, U. (2012). Entropy-based benchmarking methods. (GGDC Working Papers; Vol. GD-122). GGDC.

Author

Temurshoev, Umed. / Entropy-based benchmarking methods. Groningen : GGDC, 2012. (GGDC Working Papers).

Harvard

Temurshoev, U 2012 'Entropy-based benchmarking methods' GGDC Working Papers, vol. GD-122, GGDC, Groningen.

Standard

Entropy-based benchmarking methods. / Temurshoev, Umed.

Groningen : GGDC, 2012. (GGDC Working Papers; Vol. GD-122).

Research output: Working paperAcademic

Vancouver

Temurshoev U. Entropy-based benchmarking methods. Groningen: GGDC. 2012. (GGDC Working Papers).


BibTeX

@techreport{af2ab649788b4f2faf53476d599978ed,
title = "Entropy-based benchmarking methods",
abstract = "We argue that benchmarking sign-volatile series should be based on the principle of movement and sign preservation, which states that a bench-marked series should reproduce the movement and signs in the original series. We show that the widely used variants of Denton (1971) method and the growth preservation method of Causey and Trager (1981) may violate this principle, while its requirements are explicitly taken into account in the pro-posed entropy-based benchmarking methods. Our illustrative examples show that the entropy-based methods can be regarded as plausible competitors for current benchmarking methods, and maybe preferred in certain cases.",
keywords = "generalized cross-entropy estimator mathematical models, benchmarking",
author = "Umed Temurshoev",
note = "Relation: https://www.rug.nl/ Rights: University of Groningen",
year = "2012",
language = "English",
volume = "GD-122",
series = "GGDC Working Papers",
publisher = "GGDC",
type = "WorkingPaper",
institution = "GGDC",

}

RIS

TY - UNPB

T1 - Entropy-based benchmarking methods

AU - Temurshoev, Umed

N1 - Relation: https://www.rug.nl/ Rights: University of Groningen

PY - 2012

Y1 - 2012

N2 - We argue that benchmarking sign-volatile series should be based on the principle of movement and sign preservation, which states that a bench-marked series should reproduce the movement and signs in the original series. We show that the widely used variants of Denton (1971) method and the growth preservation method of Causey and Trager (1981) may violate this principle, while its requirements are explicitly taken into account in the pro-posed entropy-based benchmarking methods. Our illustrative examples show that the entropy-based methods can be regarded as plausible competitors for current benchmarking methods, and maybe preferred in certain cases.

AB - We argue that benchmarking sign-volatile series should be based on the principle of movement and sign preservation, which states that a bench-marked series should reproduce the movement and signs in the original series. We show that the widely used variants of Denton (1971) method and the growth preservation method of Causey and Trager (1981) may violate this principle, while its requirements are explicitly taken into account in the pro-posed entropy-based benchmarking methods. Our illustrative examples show that the entropy-based methods can be regarded as plausible competitors for current benchmarking methods, and maybe preferred in certain cases.

KW - generalized cross-entropy estimator mathematical models

KW - benchmarking

M3 - Working paper

VL - GD-122

T3 - GGDC Working Papers

BT - Entropy-based benchmarking methods

PB - GGDC

CY - Groningen

ER -

ID: 15517758