Determinants of Czech Inhabitants' Living Standards

Naďa Birčiaková, Jana Stávková () and Jakub Straka
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Naďa Birčiaková: Department of Marketing and Trade, Faculty of Business and Economics, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic
Jakub Straka: Department of Marketing and Trade, Faculty of Business and Economics, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic
Authors registered in the RePEc Author Service: Naďa Hazuchová

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2015, vol. 63, issue 6, 1839-1845

Abstract: Living standards are influenced by several variables. In the submitted paper, they are divided into eight main groups based on analysing alternative indicators of living standards - public life, place of residence, economic area, educational area, health care, environment, interpersonal relationships and personality. The main source of the data is represented by the results of a questionnaire survey performed in 2013 and 2014 in the Czech Republic, focused on elicitation of inhabitants' opinions about how much 99 individual variables influence their living standards. Using Principal Component Analysis, there were seven factors created out of the assessed variables. They should be reflected by a complex assessment of living standards.

Keywords: standard of living; Czech inhabitants; factors; well-being; quality of life; perception; subjective opinion (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:mup:actaun:actaun_2015063061839

DOI: 10.11118/actaun201563061839

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