Cross-Country Analysis of Competitiveness in GDP per Capita, Health, Social Support, Freedom

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Author(s): Evin Tom Xavier (Amity University, India), Shilpi Sharma (Amity University, India)and Aayush Agarwal (Amity University, India)
Copyright: 2022
Pages: 21
Source title: Emerging Trends and Insights on Economic Inequality in the Wake of Global Crises
Source Author(s)/Editor(s): Shilpa Deo (MIT World Peace University, India)and A.V. Senthil Kumar (Hindusthan College of Arts and Science, India)
DOI: 10.4018/978-1-6684-5289-9.ch008

Keywords: Business & Management / Economics & Economic Theory / Information Science Reference / Socio-Economic Development

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Abstract

Happiness supports growth, this chapter aims to further explain how developed countries achieve peace and prosperity by keeping their population happy. The aim of this chapter is to analyze the interdependence between the various factors that affect the happiness of a population measured on happiness scale. This analysis is done by using the World Happiness Report 2020. This report includes the data from 154 countries from different regions of the world taking into account the country's GDP per capita, freedom to make life choices, social support, health life expectancy, among other factors. The research results are based on descriptive and inferential statistics methods. The target of this chapter is to explain the possible reasons behind the success or the failure of the country to provide for its population. This chapter investigates the positive relation between factors like GDP per capita, freedom, health life expectancy, and social support to the happiness of the population.

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Cross-Country Analysis of Competitiveness in GDP per Capita, Health, Social Support, Freedom

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