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An alternative quality of life ranking on the basis of remittances

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  • D'ora Gr'eta Petr'oczy

Abstract

Remittances provide an essential connection between people working abroad and their home countries. This paper considers these transfers as a measure of preferences revealed by the workers, underlying a ranking of countries around the world. In particular, we use the World Bank bilateral remittances data of international salaries and interpersonal transfers between 2010 and 2015 to compare European countries. The suggested least squares method has favourable axiomatic properties. Our ranking reveals a crucial aspect of quality of life and may become an alternative to various composite indices.

Suggested Citation

  • D'ora Gr'eta Petr'oczy, 2018. "An alternative quality of life ranking on the basis of remittances," Papers 1809.03977, arXiv.org, revised Feb 2021.
    • Handle: RePEc:arx:papers:1809.03977
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    Cited by:

    1. Fernandes, Rosário & Furtado, Susana, 2022. "Efficiency of the principal eigenvector of some triple perturbed consistent matrices," European Journal of Operational Research, Elsevier, vol. 298(3), pages 1007-1015.
    2. Zoltán Bánhidi & Imre Dobos, 2024. "Measuring digital development: ranking using data envelopment analysis (DEA) and network readiness index (NRI)," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 32(4), pages 1089-1108, December.
    3. Han, Weibin & Deemen, Adrian Van, 2025. "The Copeland ratio ranking method for abstract decision problems," European Journal of Operational Research, Elsevier, vol. 323(3), pages 966-974.
    4. Ágoston, Kolos Csaba & Csató, László, 2022. "Inconsistency thresholds for incomplete pairwise comparison matrices," Omega, Elsevier, vol. 108(C).
    5. Susana Furtado & Charles R. Johnson, 2024. "Efficient vectors in priority setting methodology," Annals of Operations Research, Springer, vol. 332(1), pages 743-764, January.

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