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Measuring Australias Well-being Using Hierarchical Needs

Clarke, Matthew and Islam, Sardar M. N and Paech, Sally (2006) Measuring Australias Well-being Using Hierarchical Needs. Journal of Socio-Economics, 35 (6). pp. 933-945. ISSN 1053-5357

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Abstract

new approach to well-being measurement is presented in this paper based on multidimensional hierarchical human needs and motivation. This paper empirically applies this new measure of well-being to Australia for the period 1985–2000. This hierarchical approach is underpinned by a rigorous psychological theory of human motivation. Hierarchical human needs are classified into five categories. Eight indicators have been chosen to reflect these categories. A composite indicator of these eight indicators is calculated. This paper concludes that it is necessary to consider multidimensional human needs and motivation when analysing and seeking to improve well-being through economic and social development activities.

Item Type: Article
Uncontrolled Keywords: ResPubID11039, well-being, hierarchy, Maslow, Australia
Subjects: Faculty/School/Research Centre/Department > Centre for Strategic Economic Studies (CSES)
FOR Classification > 1401 Economic Theory
Depositing User: VUIR
Date Deposited: 11 May 2012 01:55
Last Modified: 04 Mar 2015 06:34
URI: http://vuir.vu.edu.au/id/eprint/2922
DOI: 10.1016/j.socec.2005.11.063
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