Influence of world social and economic indicators’ interlinkage on the development of human potential

Churilova, Elvira; Салин, В. Н.; Shpakovskaia, Elena P.; Sitnikova, Oksana Yu.

doi:10.14254/2071-8330.2019/12-4/6

Cited by 19 publications

(14 citation statements)

References 7 publications

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“…In this respect, there are many pieces of research on the variety of gender performance in the mirror of economic and performance indicators, KPIs as at the micro-level (Osunmuyiwa & Ahlborg, 2019) as well at the macro and global level (Chamorro-Premuzic et al, 2014). At the macro level researchers find evidences of importance of gender gap decrease considering its positive impact on overall human development (Churilova et al, 2019), societal equity in income distribution (Mishchuk et al, 2018) labour market development, particularly, testing the Okun's Law regarding the gender peculiarities (Blázquez-Fernández et al, 2018). The separate question to study is the increasing or decreasing gender gap in periods, i.e.…”

Section: Literature Reviewmentioning

confidence: 99%

Gender question: Econometric answer

Stavytskyy¹,

Kharlamova²,

Giedraitis³

et al. 2020

Economics &Amp; Sociology

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There has been an increased interest in the studies on female entrepreneurship due to the changing sociocultural conditions at the global markets. Despite this trend, there is still a lack of understanding about the female entrepreneurs' role in the internationalization processes of firms and states. The purpose of this research is to examine the impact of gender differences globally. The critical review of available literature and international reports on the topic revealed the research gap in the application of applied econometrics methods for the gender equality study. Noticing the critical shortage of data on the male/female differences in the economy and entrepreneurship we take Global Gender Gap index as the depictive indicator. The research rises six main questions that test the dependence of gender equality on the territorial affiliation of the country, the level of economic development of the country (income and GDP per capita), the unemployment rate in the country, the level of economy's shadowing, the educational level in the country and supporting of the research, mainly the involvement of women in science. The panel regressions show that in general the Global Gender Gap Index has been growing and will grow due to the internal factors. This means that in the long run, there are no incentives for most countries to accelerate its development. The only exception to this rule are African countries.

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Section: Literature Reviewmentioning

confidence: 99%

Gender question: Econometric answer

Stavytskyy¹,

Kharlamova²,

Giedraitis³

et al. 2020

Economics &Amp; Sociology

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“…Limited by data accessibility, this study investigated these issues from the perspectives of household asset allocation and expectations. In future research, the other influencing paths of EPU on resident happiness shall be further expanded, including the impact of EPU on human development, following the findings obtained earlier [71].…”

Section: Discussionmentioning

confidence: 99%

Assessment of Resident Happiness under Uncertainty of Economic Policies: Empirical Evidences from China

et al. 2020

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The main aim of sustainable development is to increase the quality of life and resident happiness as the latter is one of the most important indicators for the assessment of quality of life. However, due to the uncertainty of economic policies, it will not only have a direct impact on resident well-being but may also indirectly affect resident well-being through specific channels. The economic policies are aimed at the achievement of sustainable development, therefore it is very important to investigate the influences of the uncertainty of economic policies on resident happiness. This allows to assess the sustainability of policies in terms of their inputs to the quality of life. The direct impact of economic policy uncertainty on resident well-being and the mediating effects of household asset allocation and the expectation on the above influencing relationship were analyzed based on the uncertainty index of China’s economic policies and households database of China Family Panel Studies (CFPS) during the period 2010–2018, so as to clarify the complete path of economic policy uncertainty affecting resident happiness. Results show that the uncertainty of economic policy significantly reduces resident happiness. In the context of the uncertainty of economic policies, families can relieve such negative impacts as an increasing proportion of financial assets in their total assets. However, decreases in asset shares for household consumer goods and future expectation obviously lower resident happiness. The research conclusions provide important input in research on the influences of the uncertainty of economic policy on the quality of life and offer new evidences for the development of “happiness economics”.

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“…Many studies have validated the HDI by relating it to a variety of other development criteria, including GDP per capita, health expenditures, and other social and economic wellbeing variables (Van, 2017). Churilova et al (2019) compared HDI with other variables of well-being and found it to be a strong indicator of human development, especially in countries with highly developed economies. Scherbov and Gietel-Basten (2020) argue that their Human Life Indicator, focusing more on just life expectancy, correlates highly with HDI, but is simpler to calculate and interpret, has fewer data requirements and less measurement error, and is more consistent over time.…”

Section: Human Development Indexmentioning

confidence: 99%

Well-Being as Human Development, Equality, Happiness and the Role of Freedom, Activism, Decentralization, Volunteerism and Voter Participation: A Global Country-Level Study

et al. 2021

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We propose and test a new model for predicting multiple quantitative measures of well-being globally at the country level based on the United Nations Human Development Index (HDI), income inequality (Net Gini), and National Happiness Index (NHI; U.N. Sustainable Development Solutions Network world survey of life satisfaction). HDI consists of per-capita Gross National Income (economic well-being), average life expectancy (proxy for health well-being), and educational attainment (capabilities well-being). Using data on 105 countries representing 95% of the world’s population, a history of grassroots activism (Global Non-violent Action Database), civil liberties and political rights (Freedom Score), political and fiscal decentralization, and voter participation (Institute for Democracy and Electoral Assistance) correlate with HDI and NHI. Citizen volunteering (Gallup Civic Engagement Index) predicts only NHI. In multivariate analyses, Freedom Score is the most robust predictor of all well-being measures, including income equality. Fiscal decentralization and voter turnout also predict HDI and NHI, controlling for other influences. Based on prior analyses in the Global Development of Applied Community Studies project, implications and recommendations are discussed for developing community human research and professional resources across 12 disciplines in countries where they are needed based on social justice, citizenship, well-being, inequality, human rights, and other development challenges. We recommend individual and community-level and qualitative analyses of the above predictors’ relationships with these same conceptualizations of well-being, as well as consideration of other social, cultural and political variables and their effect on well-being.

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Influence of world social and economic indicators’ interlinkage on the development of human potential

Abstract: Index belongs to the new generation of statistical indicators, which allows ranking countries according to their socioeconomic status. Determination of how these indices agree with each other and the Human Development Index

Cited by 19 publications

References 7 publications

Gender question: Econometric answer

Gender question: Econometric answer

Assessment of Resident Happiness under Uncertainty of Economic Policies: Empirical Evidences from China

Well-Being as Human Development, Equality, Happiness and the Role of Freedom, Activism, Decentralization, Volunteerism and Voter Participation: A Global Country-Level Study

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