Sustainable economic development: The relation between economic growth and quality of life in V4 and Austria

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Sustainable economic development: The relation between economic growth and quality of life in V4 and Austria

Popis výsledku v původním jazyce

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&apos;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.

Název v anglickém jazyce

Sustainable economic development: The relation between economic growth and quality of life in V4 and Austria

Popis výsledku anglicky

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&apos;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.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Economics and Sociology

ISSN

2071-789X

e-ISSN

—

Svazek periodika

14

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

UA - Ukrajina

Počet stran výsledku

17

Strana od-do

341-357

Kód UT WoS článku

000739729900018

EID výsledku v databázi Scopus

2-s2.0-85116996416