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Integral indicators of the quality of life of regional population

Maksim Isakin

Journal "Region: Economics and Sociology", 2005, vol. 1

Abstract: The paper considers basic approaches to the estimation of the latent characteristic of the quality of life and most often used methods of building the integral indicators. Two schemes of indicators based on statistics without use of expert information are in the focus. One is based on the method of principal components as a mechanism to decrease dimensionality, the other is based on regression analysis and instrumental variables. These methods are used to build and substantively interpret the life quality indicators for towns and districts of the Perm region.

Date: 2005
Note: Social Issues of Regional Development
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Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2005-1_7

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