Are environmental sustainability and happiness the keys to prosperity in Asian nations?. (December 2020)

• Record Type: Journal Article
• Authors: Kaklauskas, A.; Dias, W.P.S.; Binkyte-Veliene, A.; Abraham, A.; Ubarte, I.; Randil, O.P.C.; Siriwardana, C.S.A.; Lill, I.; Milevicius, V.; Podviezko, A.; Puust, R.
• Is Part Of: Ecological indicators. Volume 119(2020)
• Publication Date: 2020-12
• Subjects: AAG Average Annual Growth -- AAG of GDPpc in PPP Average Annual Growth of GDPpc in PPP terms -- ACPI Average Corruption Perceptions Index -- AEDB Average Ease of Doing Business Ranking -- AEI Average Education Index -- AFIB Average Fiscal Balance -- AGII Average Gender Inequality Index -- AHDI Average Human Development Index -- AHI Average Happiness Index -- AINF Average Inflation -- ALPE Average Labor Productivity per employee in 2015 USD -- APBD Average Public Debt -- AUNR Average Unemployment Rate -- COPRAS Complex Proportional Assessment -- CPI Corruption Perceptions Index -- EDB Ease of Doing Business -- EFpc Ecological Footprint per capita -- EI Education Index -- EPI Environmental Performance Index -- ESH Well-being and human development, macroeconomic, values-based, quality of life and environmental -- FIB Fiscal Balance -- GDP Gross Domestic Product -- GDP AGR Annual GDP Growth Rate -- GDP GR GDP Growth Rate -- GDPpc GDP per capita -- GI Gender Inequality -- GII Gender Inequality Index -- GNH Gross National Happiness -- HDI Human Development Index -- HI Happiness Index -- INFG Inflation -- INVAR Degree of Project Utility and Investment Value Assessments along with Recommendation Provisions -- LPE Labor Productivity per employee -- MCDM Multiple Criteria Decision-making -- OECD Organization for Economic Co-operation and Development -- PBD Public Debt -- PPP Purchasing Power Parity -- QLI Quality of Life Index -- QOL Quality of Life -- SON success of the nation -- SPI Social Progress Index -- UAE United Arab Emirates -- UNR Unemployment Rate -- VIF Variance Inflation Factor -- WVS World Values Survey -- WVST World Values Survey: Traditional values (versus Secular-rational values); Asian nations -- Integrated indicators -- Happiness -- Success -- Multiple regression models -- Multicriteria analysis -- Marketing; Environmental monitoring -- Periodicals; Environmental management -- Periodicals; Environmental impact analysis -- Periodicals; Environmental risk assessment -- Periodicals; Sustainable development -- Periodicals; 333.71405
• DOI: 10.1016/j.ecolind.2020.106562
• Languages: English
• ISSNs: 1470-160X

Abstract

Highlights: Six compiled multiple regression models of success and happiness in Asian nations range over a 25-year period. The environment, success and happiness (ESH) of Asian nations correlates with the macro-level environment. INVAR method delivers numerical guidelines for reforming an ESH. Countries with superior well-being, values-base, human development and other macro indicators scored best in ESH. The analysis in this multicriteria study covers the ESH trends in Asian nations. Abstract: Various research prove that happy nations are prosperous in numerous areas containing GDP, productivity, social support and inclusion, health, lower corruption and environmental sustainability. The analysis in this multicriteria study covers the environmental sustainability, success and happiness trends in Asian nations during a 25-year time span. Strong and average correlations amongst the success, happiness and environmental sustainability, of Asian nations, in one regard, and, in another regard, the macroeconomics, well-being and human development, values-based, quality of life and environmental indicators were established across numerous statistical databases. Six multiple regression models of success and happiness in Asian nations were compiled with the assistance of IBM SPSS Statistics. The linear regression model of success in 40 Asian nations illustrates how nine independent variables explain 90.7 percent of the significances of results. The 19-Asian nation, multiple regression happiness model show how 16 independent variables account for 99.5% of the Happiness index weight dispersion.