The nonlinear road to happiness: Making sense of ESGD impacts on well-being
发布日期：2025-02-10
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Abstract：This study examines the heterogeneous impact of environmental, social, governance, and digital (ESGD) factors on subjective well-being across 86 countries from 2005 to 2019, using Method of Moments Quantile Regression. The results reveal complex, nonlinear relationships between ESGD factors and well-being. CO2 emissions display an inverted U-curve, suggesting eventual negative impacts after initial gains. Our findings suggest that renewable energy only benefits higher quantiles, revealing affordability issues. Social and governance factors like labor participation and women's political participation relate nonlinearly to well-being across income levels, reflecting employment quality and social norms differences. Similarly, digital factors improve well-being in high-income countries but not lower-middle-income nations, due to economic complexity gaps and the digital divide. A "digital economy paradox" emerges where more digital skills combined with limited digital economies decrease well-being in lower-middle income countries signifying the need for tailored digital policies. This study enhances understanding of links between ESGD factors and well-being patterns.
摘要中译：本研究采用矩量回归法（Method of Moments Quantile Regression），考察了2005至2019年间86个国家的环境、社会、治理和数字（ESGD）因素对主观幸福感的不同影响。结果显示，环境、社会、治理和数字因素与幸福感之间存在复杂的非线性关系。二氧化碳排放量呈现出倒U型曲线，表明在最初的收益之后，最终会产生负面影响。我们的研究结果表明，可再生能源只惠及较高的数量级，这揭示了可负担性问题。劳动参与和妇女参政等社会和治理因素与不同收入水平的幸福感呈非线性关系，反映了就业质量和社会规范的差异。同样，由于经济复杂性差距和数字鸿沟，数字因素改善了高收入国家的福祉，但没有改善中低收入国家的福祉。这就出现了一个 “数字经济悖论”，即更多的数字技能与有限的数字经济相结合，会降低中低收入国家的福祉，这表明有必要制定有针对性的数字政策。这项研究加深了人们对环境、社会和治理发展因素与福祉模式之间联系的理解。
作者：Alnafrah, I (Alnafrah, Ibrahim)；Belyaeva, Z (Belyaeva, Zhanna)
文章来源：《STRUCTURAL CHANGE AND ECONOMIC DYNAMICS》
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