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An Intellectual Capital Approach to Citizens’ Quality of Life in Sustainable Cities: A Focus on Europe

Author

Listed:
  • Víctor-Raúl López-Ruiz

    () (Faculty of Economics and Business Administration, University of Castilla-La Mancha, Plaza de la Universidad, 1, 02071 Albacete, Spain)

  • José-Luis Alfaro-Navarro

    () (Faculty of Economics and Business Administration, University of Castilla-La Mancha, Plaza de la Universidad, 1, 02071 Albacete, Spain)

  • Domingo Nevado-Peña

    () (Faculty of Law and Social Sciences, University of Castilla-La Mancha, Ronda de Toledo, s/n, 13071 Ciudad Real, Spain)

Abstract

The quality of life of citizens in a city is related to the sustainable decisions made by their leaders. By using principal component analysis (PCA) and taking an intellectual capital perspective (all sources of knowledge in human, relational and structural areas), we explore which of the three dimensions used to measure the sustainability of a city—economic, social or environmental—has the greatest effect on a subjective measurement of quality of life. We propose an econometric model based on a tangible production model to study the relationship between the quality of life and sustainability. To that end, we perform an in-depth examination of the different effects on the four dimensions that comprise the measure of the subjective quality of life: satisfaction, mobility, integration and public service. The results of the estimated model of citizens’ quality of life confirm the existence of a direct relationship for the 52 European cities under study; however, the least relevant role is played by the environmental dimension, which is still unappreciated by citizens. Conversely, the economic and social dimension are found to be determinants in all cases, except for social integration. Therefore, a key requirement of the management aimed at achieving sustainable development in European cities is to activate the environmental dimension.

Suggested Citation

  • Víctor-Raúl López-Ruiz & José-Luis Alfaro-Navarro & Domingo Nevado-Peña, 2019. "An Intellectual Capital Approach to Citizens’ Quality of Life in Sustainable Cities: A Focus on Europe," Sustainability, MDPI, Open Access Journal, vol. 11(21), pages 1-16, October.
  • Handle: RePEc:gam:jsusta:v:11:y:2019:i:21:p:6025-:d:281595
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    References listed on IDEAS

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    Cited by:

    1. Agnieszka Wojewódzka-Wiewiórska & Anna Kłoczko-Gajewska & Piotr Sulewski, 2019. "Between the Social and Economic Dimensions of Sustainability in Rural Areas—In Search of Farmers’ Quality of Life," Sustainability, MDPI, Open Access Journal, vol. 12(1), pages 1-1, December.
    2. Sonia Castellanos-Redondo & Domingo Nevado-Peña & Benito Yañez-Araque, 2020. "Ethics and Happiness at Work in the Spanish Financial Sector," Sustainability, MDPI, Open Access Journal, vol. 12(21), pages 1-1, November.

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    More about this item

    Keywords

    sustainability; intellectual capital; quality of life; European citizens;
    All these keywords.

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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