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Frontiers | Exploring the Effects of Natural Capital Depletion and Natural Disasters on Happiness and Human Wellbeing: A Study in China

Since recent climate change has caused more natural disasters than ever before, there is a worldwide concern that this could have both short-term and long-term economic and health consequences. Perhaps, this is the first attempt to explores the effects of natural capital and natural disasters on the human health & wellbeing of China over the period 1993–2020. The study has compiled data from World Bank, World Value Survey, UNDP, EM-DAT, and IMF for analysis. The empirical analysis is done by using the autoregressive distributed lag (ARDL) model. Empirical results prove that natural capital has a positive and significant effect on happiness, health, and human wellbeing in the long-run. The results also show that natural disasters significantly reduce happiness and human well-being in the long-run. The results recommend some important policy implications. ....

South Korea , Taegu Gwangyoksi , United States , South Africa , Gilgit Baltistan , Northern Areas , Faisalabad District , United Kingdom , World Bank , District Of Columbia , Fair Oaks , Van Aalst , Study Of Office Worker Performance , World Value , Households In Economic Growth Academic , United Nations , Energy Econ , Public Health , Harvard University , California Energy Commission , Harvard University Press , Disaster Risk Reduction Report , Lagrange Multiplier , Phillips Perron , Energy Commission , Office Worker Performance ,