<abstract xmlns="http://www.w3.org/1999/xhtml"><p>This paper deals with the evaluation of selected available indicators of living standards, divided into three groups, namely economic, environmental, and social. We have selected six countries of the European Union for analysis: Bulgaria, the Czech Republic, Hungary, Luxembourg, France, and Great Britain. The aim of this paper is to evaluate indicators measuring living standards and suggest the most important factors which should be included in the final measurement. We have tried to determine what factors influence each indicator and what factors affect living standards. We have chosen regression analysis as our main method. From the study of factors, we can deduce their impact on living standards, and thus the value of indicators of living standards. Indicators with a high degree of reliability include the following factors: size and density of population, health care and spending on education. Emissions of carbon dioxide in the atmosphere also have a certain lower degree of reliability.</p></abstract>

This paper deals with the evaluation of selected available indicators of living standards, divided into three groups, namely economic, environmental, and social. We have selected six countries of the European Union for analysis: Bulgaria, the Czech Republic, Hungary, Luxembourg, France, and Great Britain. The aim of this paper is to evaluate indicators measuring living standards and suggest the most important factors which should be included in the final measurement. We have tried to determine what factors influence each indicator and what factors affect living standards. We have chosen regression analysis as our main method. From the study of factors, we can deduce their impact on living standards, and thus the value of indicators of living standards. Indicators with a high degree of reliability include the following factors: size and density of population, health care and spending on education. Emissions of carbon dioxide in the atmosphere also have a certain lower degree of reliability.

Evaluating Living Standard Indicators

Mendel University in Brno, Faculty of Business and Economics, Zemědělská 1, 613 00, Brno, Czech Republic

Mendel University in Brno, Faculty of Business and Economics, Zemědělská 1, 613 00 Brno, Czech Republic

DANUBE

This chapter is distributed under the terms of the Creative Commons Attribution 4.0 Public License.

{"article-title":"Evaluating Living Standard Indicators"}

This paper deals with the evaluation of selected available indicators of living standards, divided into three groups, namely economic, environmental, and...

Evaluating Living Standard Indicators

Published Online: Oct 20, 2015

Page range: 175 - 188

DOI: https://doi.org/10.1515/danb-2015-0011

Keywords
Living Standards, Indicators, Quality of Life, Well-being, European Union

© 2015 Naďa Birčiaková et al., published by De Gruyter Open

This chapter is distributed under the terms of the Creative Commons Attribution 4.0 Public License.

Evaluating Living Standard Indicators

Published Online: Oct 20, 2015

Page range: 175 - 188

DOI: https://doi.org/10.1515/danb-2015-0011

KeywordsLiving Standards, Indicators, Quality of Life, Well-being, European Union

© 2015 Naďa Birčiaková et al., published by De Gruyter Open

This chapter is distributed under the terms of the Creative Commons Attribution 4.0 Public License.

Keywords
Living Standards, Indicators, Quality of Life, Well-being, European Union