The Economics of Happiness and Climate Change

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Abstract

This article explores the relationship between climate change and the economics of happiness, through a blended methodological approach combining bibliometric analysis and a comprehensive literature review. The bibliometric analysis, conducted on a dataset of 3,215 documents, provides a systematic overview of the field’s evolution, identifying key trends, influential authors, and significant research clusters within the economics of happiness. Building on this quantitative foundation, the literature review connects the economics of happiness with the urgent issue of climate change, offering insights for a more holistic understanding of prosperity that can guide both policymakers and individuals. The investigation extends beyond traditional economic metrics, like gross domestic product (GDP), to argue for the adoption of better indicators. In doing so, the article sheds light on the complex dynamics between economic prosperity, environmental degradation, and societal well-being. This study advocates for policy frameworks that prioritize both environmental sustainability and human happiness, encouraging a shift in societal priorities toward a more inclusive and sustainable economic paradigm. Future research directions are also suggested, including the exploration of policies that enhance both environmental sustainability and happiness, as well as case studies of countries implementing alternative well-being metrics.