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Measuring Individual Material Well-Being Using Multidimensional Indices: An Application Using the Gender and Generation Survey for Russia

Author

Listed:
  • Daria Popova

    (University of Essex
    National Research University – Higher School of Economics)

  • Alina Pishniak

    (National Research University – Higher School of Economics)

Abstract

This paper suggests a new and comprehensive approach to the assessment of the material well-being at the individual level by constructing a multidimensional index. Using this approach, material well-being is understood as a generic notion that covers a number of different domains, whereas the concept of domain is used to distinguish between different aspects of people’s resources, including income security, basic needs, durables, housing and subjective material well-being. Each dimension is measured independently, using the best indicators available, to generate a score or domain index for each aspect of material well-being. The procedure of re-weighting the indicators within the separate domains enables us to account for the disparity in resources and consumer preferences across different population subgroups. The final domain scores, combined with explicit weighting, are then used to generate a summary material well-being index. The domain indices and the summary material well-being index are validated by exploring their relationships to key socio-economic attributes, which were previously shown to be strongly associated with individual material well-being. The results showed that the summary indices of material well-being are characterized by greater differentiation in relation to such measures, as occupational class and judgments of satisfaction with one’s life. This allows us to conclude that our summary indices capture the latent concept of material well-being better than any of our domain indices used separately. Although the index is constructed using the Russian Gender and Generation Survey data for 2007, the methodological approach that we applied can be easily replicated in other surveys which contain information on several aspects of material well-being.

Suggested Citation

  • Daria Popova & Alina Pishniak, 2017. "Measuring Individual Material Well-Being Using Multidimensional Indices: An Application Using the Gender and Generation Survey for Russia," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 130(3), pages 883-910, February.
    • Handle: RePEc:spr:soinre:v:130:y:2017:i:3:d:10.1007_s11205-016-1231-7
    DOI: 10.1007/s11205-016-1231-7
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    2. M. Joseph Sirgy, 2018. "The Psychology of Material Well-Being," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 13(2), pages 273-301, June.
    3. Ewa Genge, 2021. "LC and LC-IRT Models in the Identification of Polish Households with Similar Perception of Financial Position," Sustainability, MDPI, vol. 13(8), pages 1-22, April.
    4. Custodio, Henry M. & Hadjikakou, Michalis & Bryan, Brett A., 2023. "A review of socioeconomic indicators of sustainability and wellbeing building on the social foundations framework," Ecological Economics, Elsevier, vol. 203(C).
    5. Obaco, Moisés & Royuela, Vicente & Matano, Alessia, 2021. "On the link between material deprivation and city size: Ecuador as a case study," Land Use Policy, Elsevier, vol. 111(C).
    6. Mero-Figueroa, Marina & Galdeano-Gómez, Emilio & Piedra-Muñoz, Laura & Obaco, Moisés, 2020. "Measuring well-being: A Buen Vivir (living well) indicator for Ecuador," MPRA Paper 119912, University Library of Munich, Germany.
    7. Jane Zavisca & Theodore Gerber & Hyungjun Suh, 2021. "Housing Status in Post-Soviet Contexts: A Multi-dimensional Measurement Approach," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 153(2), pages 609-634, January.
    8. Maleva, T. & Burdyak, A., 2016. "Middle Class: the Empirical Measurement of Intergenerational Social Mobility in Russia," Journal of the New Economic Association, New Economic Association, vol. 32(4), pages 62-85.
    9. Marina Mero-Figueroa & Emilio Galdeano-Gómez & Laura Piedra-Muñoz & Moisés Obaco, 2020. "Measuring Well-Being: A Buen Vivir (Living Well) Indicator for Ecuador," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 152(1), pages 265-287, November.
    10. Vasiliy A. Anikin & Yulia P. Lezhnina & Svetlana V. Mareeva & Nataliya N. Tikhonovà, 2017. "Social Stratification by Life Chances: Evidence from Russia," HSE Working papers WP BRP 80/SOC/2017, National Research University Higher School of Economics.

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