Determinants of quality of life: A multidimensional empirical study based on Armenian and cross-country data
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Keywords

Education and quality of life, Factor analysis, Health and quality of life, Population well-being, Quality of life, Regression modelling, Socio-economic factors.

How to Cite

Fidanyan, L. ., Arakelyan, . . R. ., Yengibaryan, N. ., Matinyan, A. ., & Gabrielyan, B. . (2026). Determinants of quality of life: A multidimensional empirical study based on Armenian and cross-country data. Asian Development Policy Review, 14(2), 1–22. https://doi.org/10.55493/5008.v14i2.5912

Abstract

This article presents the results of a multidimensional statistical assessment of population quality of life in the Republic of Armenia within a comparative international context. To examine long-term dynamics across key domains of public life healthcare, housing conditions, education, culture, and crime a time-series analysis was conducted for Armenia over the period 1995–2023. The findings reveal a decline in access to healthcare services alongside a marked improvement in housing conditions. The education sector demonstrated mixed trends, reflecting both positive and negative developments. Cultural indicators exhibited the greatest variability among all quality-of-life components, while crime-related indicators pointed to a deterioration in population safety and security over the study period. In addition, a cross-country comparative analysis of quality of life was performed using data from 52 countries. Multidimensional statistical methods, including factor analysis and correlation and regression analysis, were applied. The factor analysis identified five dominant determinants of quality of life: economic security, education and health levels, social system efficiency, and the institutional environment. To evaluate the quantitative impact of these determinants, a correlation–regression model was estimated. The results indicate that only economic and social factors were statistically significant and were therefore retained in the final model. These factors exerted a stronger influence on quality of life than demographic, environmental, and health-related variables. The findings highlight the critical role of economic stability and effective social policy in enhancing population well-being and provide empirical evidence to inform policy design in Armenia and comparable countries.

https://doi.org/10.55493/5008.v14i2.5912
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