Advanced Search
MyIDEAS: Login to save this article or follow this journal

An Index of the Quality of Life for European Countries: Evidence of Deprivation from EU-SILC Data

Contents:

Author Info

  • Riccardo Soliani

    ()
    (DIEM ¨C Faculty of Economics, Genova (Italy), Italy)

  • Alessia Di Gennaro

    ()
    (DIEM ¨C Faculty of Economics, Genova (Italy), Italy)

  • Enrico Ivaldi

    ()
    (DIEM ¨C Faculty of Economics, Genova (Italy), Italy)

Registered author(s):

    Abstract

    Starting from EU-SILC data, a sample survey that defines the harmonised lists of target primary (annual) and secondary (every four years or less frequently) variables transmitted to Eurostat by the 27 countries, we have chosen a set of about fifty indicators on a qualitative basis. An exploratory factorial analysis led us to accept only eleven variables distributed around three principle components, assuming that each of them could become, after further inquiry, an index of deprivation. Then we carried out the factorial analysis on the three principle components just found. The distribution of the eleven remaining data can be roughly interpreted as follows: the first group indicates material deprivation; the second one social deprivation; the third one can be labelled as depending on economic policy. Three factorial indexes consist in the factor score resulting from the factorial analysis on the partial indicators summarizing information supplied by each variable; the sum of our three indicators offers a global index of the quality of life (QL-index), whose values can be classified in order to identify groups of countries with similar conditions. A map will be drawn to overview the condition of the countries considered. We will test the three obtained indicators with the Spearman rho, comparing it with the ranking score of the Human Development Index and the Inequality Adjusted Human Development Index of European countries. The expected result is quite high correlation between them, mainly for the material deprivation index. The correlation with the ranking score will allow us to compare the relation of HDI, our QL-index, and the three components of it considered separately. The comparison between the two, the HD Index and the QL-Index, should reveal that the latter is more correlated with the IHDI. The greater number of indicators in our index should improve its explaining power, taking into account also social dimensions not so relevant in the HDI. The articulation of our index makes it possible to analyse the phenomenon more precisely; at the same time, the sum of the three indicators could be a good validation of the HDI.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.bapress.ca/Journal-7/An%20Index%20of%20the%20Quality%20of%20Life%20for%20European%20Countries%20--%20Evidence%20of%20Deprivation%20from%20EU-SILC%20Data.pdf
    Download Restriction: no

    Bibliographic Info

    Article provided by Better Advances Press, Canada in its journal Review of Economics & Finance.

    Volume (Year): 2 (2012)
    Issue (Month): (May)
    Pages: 1-14

    as in new window
    Handle: RePEc:bap:journl:120201

    Contact details of provider:
    Postal: 17 Alton Towers Circle, Unit 101 Toronto, ON, M1V3L8, Canada
    Phone: +1-647-728-3961
    Web page: http://www.bapress.ca

    Order Information:
    Postal: 17 Alton Towers Circle, Unit 101 Toronto, ON, M1V3L8, Canada
    Email:

    Related research

    Keywords: Deprivation; Human Development Index; Factorial analysis; European living conditions;

    Find related papers by JEL classification:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Willem Adema, 2006. "Social Assistance Policy Development and the Provision of a Decent Level of Income in Selected OECD Countries," OECD Social, Employment and Migration Working Papers, OECD Publishing 38, OECD Publishing.
    2. Lindert,Peter H., 2004. "Growing Public," Cambridge Books, Cambridge University Press, Cambridge University Press, number 9780521529167.
    3. Romina Boarini & Marco Mira d'Ercole, 2006. "Measures of Material Deprivation in OECD Countries," OECD Social, Employment and Migration Working Papers, OECD Publishing 37, OECD Publishing.
    4. Guio, Anne-Catherine & Fusco, Alessio & Marlier, Eric, 2009. "A European Union Approach to Material Deprivation using EU-SILC and Eurobarometer data," IRISS Working Paper Series, IRISS at CEPS/INSTEAD 2009-19, IRISS at CEPS/INSTEAD.
    5. Angela Testi & Enrico Ivaldi, 2011. "Measuring Progress in Health through Deprivation Indexes," Review of Economics & Finance, Better Advances Press, Canada, Better Advances Press, Canada, vol. 1, pages 49-57, April.
    6. Hogan J.W. & Tchernis R., 2004. "Bayesian Factor Analysis for Spatially Correlated Data, With Application to Summarizing Area-Level Material Deprivation From Census Data," Journal of the American Statistical Association, American Statistical Association, American Statistical Association, vol. 99, pages 314-324, January.
    7. repec:cup:cbooks:9780521821759 is not listed on IDEAS
    8. Christopher T. Whelan & Brian Nolan & Bertrand Maitre, 2008. "Measuring Material Deprivation in the Enlarged EU," Papers, Economic and Social Research Institute (ESRI) WP249, Economic and Social Research Institute (ESRI).
    9. Atkinson, A B, 1997. "Bringing Income Distribution in from the Cold," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 107(441), pages 297-321, March.
    10. Mary Gregory & Miriam Beblo & Wiemer Salverda & Ioannis Theodossiou, 2009. "Introduction," Oxford Economic Papers, Oxford University Press, Oxford University Press, vol. 61(suppl_1), pages i1-i10, April.
    11. Henry Kaiser, 1958. "The varimax criterion for analytic rotation in factor analysis," Psychometrika, Springer, Springer, vol. 23(3), pages 187-200, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:bap:journl:120201. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bill Yan).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.