Unpacking National Well-being System: An Exploratory Data Analysis of OECD How’s Life Indicators

19836 10 106713 2 323716 document 106713 NWS Data Analysis STATEC.pdf application/pdf 3fc0e3b54e9882ff0bb9ce1a993de23a MD5 1537970 2024-06-25 15:26:09 https://pure.iiasa.ac.at/id/eprint/19836/1/NWS%20Data%20Analysis%20STATEC.pdf 19836 1 1 application/pdf text en public cc_by_nc_4

NWS Data Analysis STATEC.pdf

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/106713 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/106713 http://eprints.org/relation/issmallThumbnailVersionOf https://pure.iiasa.ac.at/id/document/106713 archive 353 disk0/00/01/98/36 2024-06-25 15:27:46 2024-06-27 13:11:45 2024-06-25 15:27:46 conference_item show 1 Strelkovskii N. 8719 0000-0001-6862-1768 Rovenskaya E. 8206 0000-0002-2761-3443 Zelingher R. 2348 Unpacking National Well-being System: An Exploratory Data Analysis of OECD How’s Life Indicators pub ASA CAT EM Multi-dimensional well-being has recently gained traction as a holistic framework to assess the progress of nations towards increasing the quality of life of their citizens. While numerous countries have begun integrating well-being into their policy frameworks, a gap persists in understanding interconnections among various well-being dimensions as well as in patterns of the well-being in different contexts. Recognizing these patterns is pivotal for harnessing synergies and navigating potential trade-offs, ensuring well-being for all. To address this knowledge gap, our study delves into the National Well-being System (NWS) using the OECD Well-being Framework and OECD How’s Life indicators. We analyze a subset of the OECD indicators for multiple countries, based on the data availability and our aim to balance the economic, social, natural, and human capital dimensions. Starting from a detailed correlation analysis, we further employ time series clustering and panel data analysis. Our findings reveal two distinct country clusters each exhibiting different patterns of well-being. Major socioeconomic events, such as the Great Recession and the COVID-19 pandemic, alter the composition of these clusters reflecting their deteriorating impact on well-being. Our insights underscore the value of comprehensive NW data and a systems thinking approach in developing informed and impactful well-being policies. 2024-06-07 published 298 260 3419 public paper 2024 Measuring Progress Annual Workshop Luxenbourg 7 June 2024 workshop FALSE no info:eu-repo/semantics/conferenceObject