ASSESSMENT OF MATERIAL LIVING CONDITIONS BY THE MEANS OF INTEGRATED INDICES IN THE VISEGRAD GROUP

Vincent Soltes () and Bibiana Novakova ()
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Vincent Soltes: Technical University of Kosice, Faculty of Economics
Bibiana Novakova: Technical University of Kosice, Faculty of Economics

Polish Journal of Management Studies, 2016, vol. 13, issue 1, 157-167

Abstract: Assessment of quality of life (QOL) has been recently subject to extensive research and discussion. According to many authors, QOL includes different aspects of life which implies its multidimensional character. The main aim of the paper is to provide assessment framework for the QOL dimension of material living conditions and to calculate integrated indices of material living conditions quality in the Visegrad Group (V4). We use Additive Ratio Assessment (ARAS) method to calculate partial and integrated indices in the V4 and analyse its development over the period of 2005–2013. Analysis of dynamics of material living indices point out differences and facilitate comparison between the V4. Analytical framework of material living conditions assessment can help to develop policy and management recommendations which improve material living conditions and consequently QOL.

Keywords: quality of life; material living conditions; multi-criteria methods; additive ratio assessment method; integrated index (search for similar items in EconPapers)
Date: 2016
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