Theoretical Model of Estimating the Quality of Life Index Cover Image

Theoretical Model of Estimating the Quality of Life Index
Theoretical Model of Estimating the Quality of Life Index

Author(s): Stasys Puškorius
Subject(s): Economy
Published by: Mykolas Romeris University
Keywords: indicators; integral quality of life index; mathematical models; quality of life index

Summary/Abstract: The goals of this paper are: to determine the stages of calculation of the quality of life index, to identify the quality of life index estimation branches, to distinguish the main indicators depicting the quality of each working area, to introduce the corresponding mathematical models of each area, and present the method of calculation of the integral quality of life index. Plenty of models are used to measure the quality of population’s life index, but as a rule they estimate influence of economical variables. The author of this paper tries to include many more indicators covering all the important dimensions. The originality of the paper includes determination of major dimensions, which define the quality of life index, two proposed mathematical models of calculation of the integral quality of the life index and the specific indicators suitable for every situation, the estimation of ways to measure weigh constituent coefficients, choosing the unit of measurement for any indicator and the discussion of different ways to obtain the necessary information. The models referred above are modern ones and have not been used before. This research is a theoretical one. The author is going to take practical steps to employ this methodology in the research under the project “Creation of system of measurement indicators and evolution model of the quality of life of Lithuanian population”.

  • Issue Year: 8/2014
  • Issue No: 1
  • Page Range: 55–64
  • Page Count: 10
  • Language: English
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