Sustainable economic development: The relation between economic growth and quality of life in V4 and Austria
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F21%3A63535378" target="_blank" >RIV/70883521:28120/21:63535378 - isvavai.cz</a>
Result on the web
<a href="https://www.economics-sociology.eu/?848,en_sustainable-economic-development-the-relation-between-economic-growth-and-quality-of-life-in-v4-and-austria" target="_blank" >https://www.economics-sociology.eu/?848,en_sustainable-economic-development-the-relation-between-economic-growth-and-quality-of-life-in-v4-and-austria</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.14254/2071-789X.2021/14-3/18" target="_blank" >10.14254/2071-789X.2021/14-3/18</a>
Alternative languages
Result language
angličtina
Original language name
Sustainable economic development: The relation between economic growth and quality of life in V4 and Austria
Original language description
The future belongs to sustainability. It is becoming more important to achieve sustainable economic development. Therefore, in addition to the countries´ economic performance, the continuous improvement of the quality of life should also be essential. The set topic is crucial, even necessary to achieve the ambitious goals of today's society in terms of sustainable economic development. The need for solution highlights the possible changes in the social aspect of economic development. Following this challenge, the objective of the paper is to evaluate the development of 26 quality of life indicators from selected 6 categories in the V4 countries and Austria as a research benchmark country between 2010-2019 and to identify the impact of the level of GDP on these indicators. The descriptive statistics and linear regression analysis are used. Most life quality indicators reveal that the level of the V4 countries is better than the EU 27 average or the same. In conclusion, 61.5% of variables in all countries related to research hypothesis was confirmed, which means that the GDP growth had a positive effect on the improvement of the quality of life within these variables. However, comparing to Austria as a highly developed country, a significant sustainable development gap can be still observed in V4.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Economics and Sociology
ISSN
2071-789X
e-ISSN
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Volume of the periodical
14
Issue of the periodical within the volume
3
Country of publishing house
UA - UKRAINE
Number of pages
17
Pages from-to
341-357
UT code for WoS article
000739729900018
EID of the result in the Scopus database
2-s2.0-85116996416