Measuring Australias Well-being Using Hierarchical Needs

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Clarke, Matthew, 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

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.

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Item type Article
URI https://vuir.vu.edu.au/id/eprint/2922
DOI https://doi.org/10.1016/j.socec.2005.11.063
Official URL http://www.sciencedirect.com/science/article/pii/S...
Subjects Historical > Faculty/School/Research Centre/Department > Centre for Strategic Economic Studies (CSES)
Historical > FOR Classification > 1401 Economic Theory
Keywords ResPubID11039, well-being, hierarchy, Maslow, Australia
Citations in Scopus 18 - View on Scopus
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