Relationship Among Education, Income, and Life Satisfaction

2018 ◽  
pp. 118-141
Author(s):  
Elsa-Sofia Morote
Keyword(s):  
Higher Education ◽  
Life Satisfaction ◽  
Partial Correlation ◽  
Gdp Per Capita ◽  
Future Research ◽  
Per Capita ◽  
The Relationship ◽  
Study Database ◽  
Years Of Schooling

This study examines the relationships among Education, Income, and Life Satisfaction. The study also seeks to learn whether Unemployment can be a mediator of these relationships. For this study, database collected by the Quality of Government Institute was used. The database contains 194 countries' records on the topic and its variables collected in 2012. Correlation to test relationship, and partial correlation to test the relationship among the variables while controlling for unemployment was used. It was found that income strongly relates to life satisfaction, and years of schooling relates weakly to life satisfaction. Years of schooling, however, strongly relates to GDP per capita. Contrary to previous studies, it was found that unemployment was not a mediator of the relationship among Education, Income, and Life Satisfaction but shows slight indication that it can be a mediator between higher education and life satisfaction. It was advised that governments put more effort into education as well as future research on enhancing the quality and efficacy of education.

scholarly journals Towards a Comprehensive Framework of the Relationships between Resource Footprints, Quality of Life, and Economic Development

2020 ◽  
Vol 12 (11) ◽  
pp. 4734 ◽  
Author(s):  
Stefan Cibulka ◽  
Stefan Giljum
Keyword(s):  
Quality Of Life ◽  
Sustainable Development ◽  
Economic Development ◽  
Social Boundaries ◽  
Gdp Per Capita ◽  
Environmental Implications ◽  
Per Capita ◽  
Comprehensive Framework ◽  
The Relationship

The relationship between economic affluence, quality of life, and environmental implications of production and consumption activities is a recurring issue in sustainability discussions. A number of studies examined selected relationships, but the general implications for future development options to achieve environmentally and socially sustainable development of countries at different levels of per capita resource footprints, quality of life, and income have not yet been investigated in detail. In this study, we use a global dataset with 173 countries to assess the overall relationship between resource footprints, quality of life, and economic development over the period of 1990–2015. We select the material footprint and carbon footprint and contrast them with the Human Development Index, the Happiness Index, and GDP per capita. Regression analyses show that the relationship between various resource footprints and quality of life generally follows a logarithmic path of development, while resource footprints and GDP per capita are linearly connected. From the empirical results, we derive a generalized path of development and cluster countries along this path. Within this comprehensive framework, we discuss options to change the path to respect planetary and social boundaries through a combination of resource efficiency increases, substitution of industries and sufficiency of consumption. We conclude that decoupling and green growth will not realize sustainable development if planetary boundaries have already been transgressed.

scholarly journals THE IMPACT OF THE INSTITUTIONAL ENVIRONMENT ON THE ECONOMIC DEVELOPMENT

Ekonomika ◽  
2009 ◽  
Vol 87 ◽  
pp. 141-153 ◽  
Author(s):  
Vidmantas Jankauskas ◽  
Janina Šeputienė
Keyword(s):  
Economic Development ◽  
Institutional Environment ◽  
Gdp Per Capita ◽  
Development Institutions ◽  
Per Capita ◽  
Relationship Of ◽  
Openness To Trade ◽  
The Impact ◽  
The Relationship

Economic literature recognizes three “deep determinants” of economic development: institutions, geography and openness to trade. Discussion in the literature focuses on what part of the income per capita variation can be explained by institutions, geography and openness to trade. The empirical results can’t offer a clear answer, but there is a broader agreement in the literature that institutions play a more important role than geography and openness to trade. What is unclear whether the institutions also can explain variation in per capita income across countries, in which institutional environment is to some degree similar..This article aims to explore and quantify the relationship of the income level with institutional environment, geography and openness to trade across countries, grouped according their institutional environment quality.The results reveal that extent to which the variation in GDP per capita can be associated with the quality of institutional environment differs a lot between good and bad institutional environment samples. The results in good institutional environment sample come in line with series of studies in which the strong and positive link between various measures of institutions and economic development was established and support primacy of institutions over openness to trade and geography. I In bad institutional environment sample, on the contrary,no evidence was found that institutions mean a lot in respect of differences in GDP per capita. These results should not be interpreted so as to mean that institutional environment is not important, rather the degree of “badness” makes no difference.

scholarly journals The Importance Of Human Capital For The Economic Development Of EU Regions

2017 ◽  
Vol 19 (5) ◽  
pp. 63-79 ◽  
Author(s):  
Iwona Laskowska ◽  
Barbara Dańska-Borsiak
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Western Europe ◽  
Gdp Per Capita ◽  
Spatial Dependencies ◽  
Per Capita ◽  
The Relationship ◽  
Positive Effect ◽  
The Eu

The EU designs its cohesion policy with the primary purpose of reducing disparities in regional development. The success of the policy is largely determined by the identification of factors that contribute to such disparities. One of the key determinants of economic success is human capital. This article examines the relationship between the quality of human capital and economic development of EU’s regions. Using spatial analysis methods, the spatial dependencies between the growth of human capital and GDP per capita are investigated. According to the research results, the highest levels of human capital are typical of the most affluent regions in Western Europe, while its lowest levels are found in the poorest countries that became EU members only recently and in countries in southern Europe, including Greece. The spatial correlation measures confirm that spatial relationships have effect on the regional resources of human capital, showing that regions rich in human capital border on regions that are similar to them in that respect. The results of the spatial growth regression indicate that the amount of human capital in the region has a significant and positive effect on its GDP per capita.

scholarly journals The All-You-Can-Eat Economy: How Never-Ending Economic Growth Affects Our Happiness and Our Chances for a Sustainable Future

World ◽  
2020 ◽  
Vol 1 (3) ◽  
pp. 216-226
Author(s):  
Eric Wilson ◽  
Phalguni Mukhopadhyaya
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
Life Satisfaction ◽  
Energy Consumption ◽  
Energy Use ◽  
Resource Consumption ◽  
Future Research ◽  
Social Returns ◽  
The Relationship

This paper explores the relationship between energy consumption, economic growth, and life satisfaction and makes the case that economic growth as usual is no longer a desirable or sustainable policy goal. Historically, economic and social development go along with energy sector transformation and total energy use. As a country develops, its use of energy increases, resource consumption increases, population booms, life expectancy rises, and overall socio-economic outcomes are improved. One might deduce then, that life satisfaction is also tightly correlated to economic development and energy consumption, but is this the case? To answer this question, current academic literature and data on the relationship between energy consumption, GDP, and quality of life were explored. The review showed a weak relationship between GDP and quality of life, a saturation relationship between energy use and social returns (social returns increase with increasing energy use to a point), and a strong relationship between GDP and energy use. There have been high hopes that improvements in energy-efficient technology will reduce global aggregate resource consumption, however, there is a growing body of research to suggest the opposite is likely to occur due to ”rebound effects”. The major environmental issues of our time have been seen predominantly as issues to be solved through advancements in technology; however, it is the argument of this paper that they cannot be addressed from a purely technological standpoint. Of course, improving energy efficiency is an important factor, but we must not forget the equally important subject of human behavior and our addiction to continual economic growth. We must first address the human desire to consume resources in the pursuit of happiness and socio-economic status, and shift towards a mentality of sufficiency. Future research must demonstrate concrete examples of sustainable development and consumption, advance the discourse on how the individual can be part of the solution, and empower the implementation of sustainable government policy.

The Relationship Between Interoception and Metacognition

2016 ◽  
Vol 30 (2) ◽  
pp. 76-86 ◽  
Author(s):  
Judith Meessen ◽  
Verena Mainz ◽  
Siegfried Gauggel ◽  
Eftychia Volz-Sidiropoulou ◽  
Stefan Sütterlin ◽  
...  
Keyword(s):  
Memory Performance ◽  
Memory Task ◽  
Demographic Characteristics ◽  
Metacognitive Awareness ◽  
Interoceptive Awareness ◽  
Future Research ◽  
Heartbeat Perception ◽  
Interoceptive Accuracy ◽  
The Relationship

Abstract. Recently, Garfinkel and Critchley (2013) proposed to distinguish between three facets of interoception: interoceptive sensibility, interoceptive accuracy, and interoceptive awareness. This pilot study investigated how these facets interrelate to each other and whether interoceptive awareness is related to the metacognitive awareness of memory performance. A sample of 24 healthy students completed a heartbeat perception task (HPT) and a memory task. Judgments of confidence were requested for each task. Participants filled in questionnaires assessing interoceptive sensibility, depression, anxiety, and socio-demographic characteristics. The three facets of interoception were found to be uncorrelated and interoceptive awareness was not related to metacognitive awareness of memory performance. Whereas memory performance was significantly related to metamemory awareness, interoceptive accuracy (HPT) and interoceptive awareness were not correlated. Results suggest that future research on interoception should assess all facets of interoception in order to capture the multifaceted quality of the construct.

scholarly journals The Mediating Role of Engagement on the Achievement and Quality of Life of University Students

2021 ◽  
Vol 18 (12) ◽  
pp. 6586
Author(s):  
Inmaculada García-Martínez ◽  
José María Augusto Landa ◽  
Samuel P. León
Keyword(s):  
Quality Of Life ◽  
Academic Achievement ◽  
Life Satisfaction ◽  
Emotional Intelligence ◽  
Academic Performance ◽  
University Students ◽  
Mediational Role ◽  
The Relationship

(1) Background: Academic engagement has been reported in the literature as an important factor in the academic achievement of university students. Other factors such as emotional intelligence (EI) and resilience have also been related to students’ performance and quality of life. The present study has two clearly delimited and interrelated objectives. First, to study the mediational role that engagement plays in the relationship between EI and resilience on quality of life. Secondly, and similarly, to study the mediational role of engagement in the relationship between EI and resilience, but in this case on academic achievement. (2) Methods: For this purpose, four scales frequently used in the literature to measure emotional intelligence, resilience, academic engagement and quality of life were administered to 427 students of the University of Jaén undertaking education degrees. In addition, students were asked to indicate their current average mark as a measure of academic performance. Two mediational models based on structural equations were proposed to analyse the relationships between the proposed variables. (3) Results: The results obtained showed that emotional intelligence and resilience directly predicted students’ life satisfaction, but this direct relationship did not result in academic performance. In addition, and assuming a finding not found so far, engagement was shown to exert an indirect mediational role for both life satisfaction and academic performance of students. (4) Conclusions: The findings of the study support the importance of engagement in the design and development of instructional processes, as well as in the implementation of any initiative.

scholarly journals An Empirical Investigation into Physician Preferences in Drug Prescription: An Integrated Methodology of AHP and QFD

2016 ◽  
Vol 8 (5) ◽  
pp. 81
Author(s):  
Farzana Elahi ◽  
Shamsad Ahmed ◽  
Mahbubul Haque ◽  
Nazreen Chowdhury
Keyword(s):  
Quality Function Deployment ◽  
Drug Prescription ◽  
Future Research ◽  
Relationship Matrix ◽  
Analytic Hierarchy ◽  
Expert Choice ◽  
Integrated Methodology ◽  
Hierarchy Process ◽  
The Relationship

<p class="Default">In order to sustain in a competitive market like pharmaceutical in Bangladesh, it is important to get an insight into physicians’ preferences in prescribing the drugs. The aim of this work is to investigate and address the physician requirements through an integrated methodology of Analytic Hierarchy Process (AHP) and Quality Function Deployment (QFD). In this research, an expert panel has been interviewed to recognize the criteria affecting physicians’ decisions. The results from AHP derived through Expert Choice software demonstrate that from the viewpoint of physicians, out of the five criteria, quality of product offering is ranked highest in prescribing the drugs followed by the reputation of the company, relationship enjoyed with the company, etc. As for the technical aspects, derived from the relationship matrix of AHP and QFD, out of the sixteen, brand image is ranked first followed by the quality of raw and packaging materials, skilled production personnel etc. The contribution of this research is expected to enable the managers in the pharmaceutical companies to recognize the factors that influence physicians in prescribing drugs for the patients and help them find out challenging items with preeminent alternatives. Few suggestions for future research are also put forward. <strong></strong></p>

Quality of learning experience, student satisfaction and perceived overall experience in the COVID-19 context

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Venugopal Prabhakar Gantasala ◽  
Swapna Bhargavi Gantasala ◽  
Tareq Na'el Al Tawil ◽  
Prerana Prasad
Keyword(s):  
Higher Education ◽  
Student Satisfaction ◽  
Online Courses ◽  
Learning Experience ◽  
Decision Makers ◽  
Undergraduate Level ◽  
Content Type ◽  
The Relationship ◽  
Medical Programs

PurposeThe intention for this study was to explore any relationship that might exist between quality of learning experience (QLE), the second construct student satisfaction (SS) and the third construct perceived overall experience (POE) among undergraduate students within the higher education context. This study also attempts to explain the path direction between QLE, SS and POE.Design/methodology/approachThe researchers utilized structural equation modeling to analyze the variables considered for this study – QLE, SS and POE and for hypotheses testing. Respondents for this study were medical students' coordinators of the undergraduate level of medical colleges in the 28 states of India. Data collected for the study were possible by utilizing a questionnaire that was emailed to these student coordinators. The emailing effort returned 198 (n) filled questionnaires (complete) representing 198 institutions offering undergraduate-level medical programs out of a total of 542 institutions that offer undergraduate medical programs.FindingsFindings from this study confirm the relationship between QLE with SS, and PLE. Interestingly, the findings established a significant relationship between SS and POE.Practical implicationsDecision-makers and administrators of higher education institutions (HEIs) can utilize the findings from this study to focus on strengthening important elements of QLE in ways that positively impact SS and POE of students taking online courses and program offerings. The study reiterates the importance of course content, course structure, lecture-delivery quality, instructor mentoring and student-instructor interactions on SS and POE. The role of SS in reinforcing confirmation, perceived usefulness, perceived openness of the online courses and the perceived reputation was established. This relationship is key to administrators while they focus on improving SS and building on the institutions' reputation in addition to their efforts to support marketing and enrollments during the pandemic.Originality/valueResearchers in the past have examined the relationships between QLE and another construct of this study – SS. Past research has also examined the relationship between QLE and POE. However, there is not enough research exploring the relationship between SS and POE. This study establishes the relationship between SS and POE that benefits decision-makers in higher education.

A “crescendo” model: designing food experiences for psychological well-being

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lia Zarantonello ◽  
Silvia Grappi ◽  
Marcello Formisano ◽  
Bernd H. Schmitt
Keyword(s):  
Life Satisfaction ◽  
Design Thinking ◽  
Well Being ◽  
Future Research ◽  
Psychological Well Being ◽  
Content Type ◽  
Perceived Life Satisfaction ◽  
Consumer Experiences ◽  
Mind Set ◽  
The Relationship

Purpose This paper aims to advance the design-thinking approach in food from an engineering mind-set toward a positive psychology perspective by investigating how consumer experiences evoked by food-related activities can facilitate, stimulate and enhance individuals’ happiness and perceptions of life satisfaction. Design/methodology/approach A diary field experiment was conducted. Participants from a major European city were asked to reflect on their food-related activities, provide descriptions and answer questions on experiential stimulation derived from these activities in relation to happiness and perceived life satisfaction. Findings Food-related activities generally result in positive consumer experiences and psychological well-being. Experiential stimulation resulting from food activities is positively related to perceived life satisfaction directly and indirectly via pleasure and meaning. Although the authors found an overall positive relationship between these constructs, they also found differences based on the experience type considered. A “crescendo model” of experiences that details how experiences lead to happiness and perceived life satisfaction is presented. Research limitations/implications This study is largely exploratory. Future research should adopt an experimental approach and further test the relationship between experiential stimulation, happiness and perceived life satisfaction in the context of food. Practical implications The paper offers innovation teams in food companies a practical “crescendo model” that can be used to design product–consumer interactions. Originality/value The research bridges literatures on design thinking, psychological well-being and consumer experiences. By studying the relationship between experiences, happiness and perceived life satisfaction in the context of food, the findings contribute to research on food well-being by expanding the notion of happiness seen only as pleasure. The research also contributes to work on design thinking by offering an experiential framework that contributes to the notion of consumer empathy.

The relationship between energy consumption and economic growth: New evidence from Greece

2021 ◽  
pp. 131-153
Author(s):  
Antonia Gkergki
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Gdp Per Capita ◽  
Short Term ◽  
Vector Error Correction ◽  
Per Capita ◽  
Econometric Tests ◽  
The Government ◽  
New Research ◽  
The Relationship

This paper examines the relationship between the energy consumption and economic growth from 1968 to 2019 in Greece, by employing the vector error-correction model estimation. A series of econometric tests are employed concerning the stationary of the data, and the co-integration and the relationship among the variables during the long- and short-term. The em-pirical results suggest that there is no bidirectional relationship between economic growth and energy consumption. More specifically, GDP per capita does not affect the energy consump-tion of the three primary sources either in the long-term or the short-term. In other words, the economic crisis and its implications for GDP do not affect energy consumption, and they are not responsible for the considerable decrease in energy sources' consumption. On the other hand, the energy consumption of oil and coal negatively affect the GDP per capita. These re-sults are different from previous studies' conclusions for Greece; this is because the never been experienced before. These findings raise new research questions and also show the limi-tations of the Greek market, as it is regulated and controlled by the government.

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