Publication:
Determinants of wellbeing: a cross-country study with a special focus on Malaysia
Abstract
GDP, often the proxy to measure progress in policy implementations, does not fully reflect the wellbeing of a nation, although it may be one of the contributing factors. Applying an estimation model based on panel data of 22 sample countries, we illustrate that wellbeing in general can be improved with intrinsic growth, influenced by economic stability, demand composition and sectoral composition. Additionally, key economic and quality of life factors - such as, broader income distribution, lower housing prices, lower infant mortality, effective health expenditure, higher education attainment and broadband access - are significant to households ...
Keywords
Wellbeing , Islamic component of wellbeing , Ibn Khaldun's model , Malaysia
Citation
Mokhtar, M. (2017). Determinants of wellbeing: a cross-country study with a special focus on Malaysia (Doctoral dissertation). INCEIF, Kuala Lumpur. Retrieved from https://ikr.inceif.org/handle/INCEIF/2748
Publisher
INCEIF
Available in physical copy and downloadable format (Call Number: t HC 445.5 M476)