Determinants of happiness: Environmental degradation and attachment to nature

Tetsuya Tsurumi; Kei Kuramashi; Shunsuke Managi

doi:10.4324/9780203097878-16

Determinants of happiness: Environmental degradation and attachment to nature

Tetsuya Tsurumi, Kei Kuramashi, Shunsuke Managi

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Abstract

Introduction Most countries have set economic growth as one of their highest priority objectives. Survey evidence, however, suggests that the relationship between income (GDP per capita) and the level of individual self-reported happiness (subjective well-being index) is not linear. Figure 5.1 presents a simple scatter plot of income and happiness for 94 countries from 1952 to 2004. Although there is an increasing trend between happiness and income, we find that after a certain level of income, the marginal utility of income decreases.

Original language	English
Title of host publication	The Economics of Biodiversity and Ecosystem Services
Publisher	Taylor and Francis
Pages	62-86
Number of pages	25
ISBN (Electronic)	9781136224485
ISBN (Print)	9780203097878
DOIs	https://doi.org/10.4324/9780203097878-16
Publication status	Published - Dec 20 2012
Externally published	Yes

All Science Journal Classification (ASJC) codes

Economics, Econometrics and Finance(all)
Business, Management and Accounting(all)

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.4324/9780203097878-16

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AU - Managi, Shunsuke

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AB - Introduction Most countries have set economic growth as one of their highest priority objectives. Survey evidence, however, suggests that the relationship between income (GDP per capita) and the level of individual self-reported happiness (subjective well-being index) is not linear. Figure 5.1 presents a simple scatter plot of income and happiness for 94 countries from 1952 to 2004. Although there is an increasing trend between happiness and income, we find that after a certain level of income, the marginal utility of income decreases.

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PB - Taylor and Francis

ER -

Determinants of happiness: Environmental degradation and attachment to nature

Abstract

All Science Journal Classification (ASJC) codes

UN SDGs

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