Journal Article

Well-being and competitiveness: are the two linked at a place-based level?

Robert Huggins and Piers Thompson

in Cambridge Journal of Regions, Economy and Society

Published on behalf of Cambridge Political Economy Society

Volume 5, issue 1, pages 45-60
Published in print March 2012 | ISSN: 1752-1378
Published online June 2011 | e-ISSN: 1752-1386 | DOI: https://dx.doi.org/10.1093/cjres/rsr017
Well-being and competitiveness: are the two linked at a place-based level?

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  • Welfare Economics
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This paper considers the link between competitiveness and a variety of measures of well-being at a place-based level. Drawing on empirical data from the UK, a strong link is generally found to exist, suggesting a symbiotic relationship between competitiveness and well-being across localities. The paper also identifies a number of externalities, such as pollution, that are associated with lower levels of place-based well-being. It is suggested that economic development, social cohesion, welfare and environmental policies must become better integrated if they are to build sustainable places. Current policy frameworks, however, often run counter to this approach.

Keywords: well-being; competitiveness; places; externalities; welfare; localities; D60; H75; I15; R13

Journal Article.  6821 words.  Illustrated.

Subjects: Welfare Economics ; Economics of Health ; Urban, Rural, and Regional Economics ; Public Economics

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