Underlying Dimensions of Knowledge Assessment : Factor Analysis of the Knowledge Assessment Methodology Data

The Knowledge Assessment Methodology (KAM) database measures variables that may be used to assess the readiness of countries for the knowledge economy and has many policy uses. Formal analysis using KAM data is faced with the problem of which varia...

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Main Authors: Chen, Derek H. C., Gawande, Kishore
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2007/04/7549913/underlying-dimensions-knowledge-assessment-factor-analysis-knowledge-assessment-methodology-data
http://hdl.handle.net/10986/7067
id okr-10986-7067
recordtype oai_dc
spelling okr-10986-70672021-04-23T14:02:33Z Underlying Dimensions of Knowledge Assessment : Factor Analysis of the Knowledge Assessment Methodology Data Chen, Derek H. C. Gawande, Kishore COEFFICIENTS COMPUTATION CONFIDENCE INTERVALS CONSISTENT ESTIMATES CORRELATIONS COUNTRY DATA COVARIANCE CRITICAL VALUE DEGREES OF FREEDOM DESCRIPTIVE STATISTICS DIAGONAL MATRIX DISCUSSION DISCUSSIONS DISTRIBUTIONAL ASSUMPTIONS ECONOMETRIC METHODS ERROR EXPERIMENTAL DATA FACTOR ANALYSIS FORMAL ANALYSIS GDP GDP PER CAPITA GRAPHICAL ANALYSIS HUMAN RESOURCES HYPOTHESES IDEA IDEAS IDENTITY INDEPENDENT VARIABLE INFORMATION INFRASTRUCTURE INNOVATION INNOVATION POTENTIAL INNOVATION SYSTEM INSTITUTIONAL REGIME KNOWLEDGE ASSESSMENT METHODOLOGY KNOWLEDGE ECONOMY KNOWLEDGE FOR DEVELOPMENT LARGE NUMBER LEADING LIKELIHOOD FUNCTION MATRICES MATRIX MAXIMUM LIKELIHOOD MISSING DATA NORMAL DISTRIBUTION NUMBER OF VARIABLES ORTHOGONALITY POPULATION PARAMETERS PRINCIPAL COMPONENTS ANALYSIS REGRESSION ANALYSES REGRESSION ANALYSIS REGRESSION MODEL SAMPLE SIZE SCIENTISTS SET OF VARIABLES STANDARD DEVIATION STANDARD ERRORS STATA STATA CODE STATISTICAL SIGNIFICANCE STRUCTURES TARIFF BARRIERS TEST PROCEDURE TEST STATISTIC TIME PERIODS VARIETY The Knowledge Assessment Methodology (KAM) database measures variables that may be used to assess the readiness of countries for the knowledge economy and has many policy uses. Formal analysis using KAM data is faced with the problem of which variables to choose and why. Rather than make these decisions in an ad hoc manner, the authors recommend factor-analytic methods to distill the information contained in the many KAM variables into a smaller set of "factors." Their main objective is to quantify the factors for each country, and to do so in a way that allows comparisons of the factor scores over time. The authors investigate both principal components as well as true factor analytic methods, and emphasize simple structures that help provide a clear political-economic meaning of the factors, but also allow comparisons over time. 2012-06-04T21:25:16Z 2012-06-04T21:25:16Z 2007-04 http://documents.worldbank.org/curated/en/2007/04/7549913/underlying-dimensions-knowledge-assessment-factor-analysis-knowledge-assessment-methodology-data http://hdl.handle.net/10986/7067 English Policy Research Working Paper; No. 4216 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic COEFFICIENTS
COMPUTATION
CONFIDENCE INTERVALS
CONSISTENT ESTIMATES
CORRELATIONS
COUNTRY DATA
COVARIANCE
CRITICAL VALUE
DEGREES OF FREEDOM
DESCRIPTIVE STATISTICS
DIAGONAL MATRIX
DISCUSSION
DISCUSSIONS
DISTRIBUTIONAL ASSUMPTIONS
ECONOMETRIC METHODS
ERROR
EXPERIMENTAL DATA
FACTOR ANALYSIS
FORMAL ANALYSIS
GDP
GDP PER CAPITA
GRAPHICAL ANALYSIS
HUMAN RESOURCES
HYPOTHESES
IDEA
IDEAS
IDENTITY
INDEPENDENT VARIABLE
INFORMATION INFRASTRUCTURE
INNOVATION
INNOVATION POTENTIAL
INNOVATION SYSTEM
INSTITUTIONAL REGIME
KNOWLEDGE ASSESSMENT METHODOLOGY
KNOWLEDGE ECONOMY
KNOWLEDGE FOR DEVELOPMENT
LARGE NUMBER
LEADING
LIKELIHOOD FUNCTION
MATRICES
MATRIX
MAXIMUM LIKELIHOOD
MISSING DATA
NORMAL DISTRIBUTION
NUMBER OF VARIABLES
ORTHOGONALITY
POPULATION PARAMETERS
PRINCIPAL COMPONENTS ANALYSIS
REGRESSION ANALYSES
REGRESSION ANALYSIS
REGRESSION MODEL
SAMPLE SIZE
SCIENTISTS
SET OF VARIABLES
STANDARD DEVIATION
STANDARD ERRORS
STATA
STATA CODE
STATISTICAL SIGNIFICANCE
STRUCTURES
TARIFF BARRIERS
TEST PROCEDURE
TEST STATISTIC
TIME PERIODS
VARIETY
spellingShingle COEFFICIENTS
COMPUTATION
CONFIDENCE INTERVALS
CONSISTENT ESTIMATES
CORRELATIONS
COUNTRY DATA
COVARIANCE
CRITICAL VALUE
DEGREES OF FREEDOM
DESCRIPTIVE STATISTICS
DIAGONAL MATRIX
DISCUSSION
DISCUSSIONS
DISTRIBUTIONAL ASSUMPTIONS
ECONOMETRIC METHODS
ERROR
EXPERIMENTAL DATA
FACTOR ANALYSIS
FORMAL ANALYSIS
GDP
GDP PER CAPITA
GRAPHICAL ANALYSIS
HUMAN RESOURCES
HYPOTHESES
IDEA
IDEAS
IDENTITY
INDEPENDENT VARIABLE
INFORMATION INFRASTRUCTURE
INNOVATION
INNOVATION POTENTIAL
INNOVATION SYSTEM
INSTITUTIONAL REGIME
KNOWLEDGE ASSESSMENT METHODOLOGY
KNOWLEDGE ECONOMY
KNOWLEDGE FOR DEVELOPMENT
LARGE NUMBER
LEADING
LIKELIHOOD FUNCTION
MATRICES
MATRIX
MAXIMUM LIKELIHOOD
MISSING DATA
NORMAL DISTRIBUTION
NUMBER OF VARIABLES
ORTHOGONALITY
POPULATION PARAMETERS
PRINCIPAL COMPONENTS ANALYSIS
REGRESSION ANALYSES
REGRESSION ANALYSIS
REGRESSION MODEL
SAMPLE SIZE
SCIENTISTS
SET OF VARIABLES
STANDARD DEVIATION
STANDARD ERRORS
STATA
STATA CODE
STATISTICAL SIGNIFICANCE
STRUCTURES
TARIFF BARRIERS
TEST PROCEDURE
TEST STATISTIC
TIME PERIODS
VARIETY
Chen, Derek H. C.
Gawande, Kishore
Underlying Dimensions of Knowledge Assessment : Factor Analysis of the Knowledge Assessment Methodology Data
relation Policy Research Working Paper; No. 4216
description The Knowledge Assessment Methodology (KAM) database measures variables that may be used to assess the readiness of countries for the knowledge economy and has many policy uses. Formal analysis using KAM data is faced with the problem of which variables to choose and why. Rather than make these decisions in an ad hoc manner, the authors recommend factor-analytic methods to distill the information contained in the many KAM variables into a smaller set of "factors." Their main objective is to quantify the factors for each country, and to do so in a way that allows comparisons of the factor scores over time. The authors investigate both principal components as well as true factor analytic methods, and emphasize simple structures that help provide a clear political-economic meaning of the factors, but also allow comparisons over time.
format Publications & Research :: Policy Research Working Paper
author Chen, Derek H. C.
Gawande, Kishore
author_facet Chen, Derek H. C.
Gawande, Kishore
author_sort Chen, Derek H. C.
title Underlying Dimensions of Knowledge Assessment : Factor Analysis of the Knowledge Assessment Methodology Data
title_short Underlying Dimensions of Knowledge Assessment : Factor Analysis of the Knowledge Assessment Methodology Data
title_full Underlying Dimensions of Knowledge Assessment : Factor Analysis of the Knowledge Assessment Methodology Data
title_fullStr Underlying Dimensions of Knowledge Assessment : Factor Analysis of the Knowledge Assessment Methodology Data
title_full_unstemmed Underlying Dimensions of Knowledge Assessment : Factor Analysis of the Knowledge Assessment Methodology Data
title_sort underlying dimensions of knowledge assessment : factor analysis of the knowledge assessment methodology data
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/04/7549913/underlying-dimensions-knowledge-assessment-factor-analysis-knowledge-assessment-methodology-data
http://hdl.handle.net/10986/7067
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