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Does the 2030 Agenda generate happiness? A longitudinal approach to the SDGs vs. the wellbeing of the world
(Conscientia Beam, 2024-01-01)
This research aims to determine the relationship between the SDGs and the happiness of people in 40 developed and 114 developing countries since the 2030 Agenda initiative was implemented back in 2015. No literature measures such an impact and it is essential to start the debate on the matter. This study determined that the relationship between the SDGs and the world's happiness among the time horizons analyzed (2015-2021) is negligible through a set of panel data and multiple linear regressions. There is much greater structural happiness that comes from sources other than the 2030 agenda. However, although most of these relationships are negative, the classification of the statistically significant SDGs into Maslow's pyramid offers a novel view that allows prioritizing taking actions first on those SDGs associated with the most basic needs of people. This study offers opportunities for future research into why an initiative such as the 2030 Agenda which seeks to generate well-being has the opposite effect and proposes that the initiatives associated with the 2030 Agenda be first linked to the SDGs at the bottom of Maslow's pyramid and that they progressively ascend as positive correlations are achieved between the SDGs and people's well-being.
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Evaluating sustainable development goals through market capitalisation: where we are half way and future research ahead
(Inderscience Publishers, 2025-01-01)
The study shows the situation of the 2030 Agenda halfway between 2015 and 2030. The empirical study aims to determine which SDGs are positively correlated with market capitalisation of publicly listed companies. Through a multiple linear regression between the 17 SDGs and market capitalisation in 26 developed and 48 emerging countries, the study finds that, for the most part, SDGs are inversely correlated with the market capitalisation of the countries studied. Therefore, companies would tend to undertake initiatives only associated with those SDGs that are positively correlated (2, 3, 4, 6, 9, 12 and 17) with market capitalisation. This worrying inconsistency reflects a merely transactional implementation of initiatives, which becomes more acute depending on the type of country (developed or emerging). Seven potential factors are proposed as an explanation based on the rigorous literature review, and four relevant fields of future research are opened as a result of the study.
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