Journal of International Business and Economy





file #1       3._15_11203.pdf (273.0 KB)   download : 14
subject   
An Econometric Investigation of the Determinants of Sustainable Wellbeing of Countries
K. G. Suresh and Pratyush Banerjee
Volume 17, Number 1, Spring 2016 (pp. 39 ~ 57)

In this study, we intended to analyze the socioeconomic, political and environment factors affecting the sustainable wellbeing of nations (measured by the Happy Planet Index), for a sample of 108 countries for the year 2009.The empirical evidence showed that Human Development Index (HDI), Carbon emission, political freedom and colonial background of nations are significant predictors of the sustainable wellbeing of nations. HDI has a direct effect on HPI of nations, while the level of carbon emission is negatively related with HPI. The HPI levels among different political regimes are different, while the countries without colonial background are better off in terms of achieving sustainable wellbeing than countries with colonial background.

Key Words: happiness, sustainable wellbeing, HPI, multiple regression

hit : 1001      
prev
Which Indian Industry Benefits from FDI? A Panel Co-Integration Approach
S. Mahalakshmi, S. Thiyagarajan, and G. Naresh
Volume 17, Number 1, Spring 2016 (pp. 59 ~ 89)
next
Investigating the Efficiency of the Indian Currency Market: A Persistence Perspective
Soumya Guha, Atreyo Chatterjee, Mousumi Bhattacharya, and Sharad Nath Bhattacharya
Volume 17, Number 1, Spring 2016 (pp. 21 ~ 37)
list