Table 9.

Content analysis of inclusive wealth

Sr.AuthorTitleSummaryCitation
1(Sugiawan et al., 2023)Assessing the United Nations sustainable development goals from the inclusive wealth perspectiveThis study explained that in the pursuit of sustainable development goals, the United Nations used inclusive wealth as the prosy of sustainable development. As inclusive wealth encompasses produced capital, human capital, and natural capital altogether in one matrix21
2(van Krevel, 2023)Why cross-country convergence of income is unsustainable: evidence from inclusive wealth in 140 countriesThis study explained that due to the divergence of the country’s earning capacity in the long run the convergence of income is unsustainable. Different countries have different scenarios in the long run so their sustainability depends upon their situation in the long run3
3(Chen et al., 2023)Inclusive wealth footprint for cities in Japan: regional clusters for sustainable developmentThis study explored the regional sustainability in different regions of Japan and used inclusive wealth as a measure of sustainability. Inclusive wealth includes the produced, human and natural capital altogether. Through the evaluation of these assets, this study found regional disparities in Japan1
4(Dasgupta et al., 2022)The inclusive wealth index and sustainable development goalsThis study investigates that in 2015 United Nations signed the global development agenda with 17 aims named sustainable development goals. This study used inclusive wealth as a measure of sustainable development goals35
5(Islam and Managi, 2022)Valuation of nature’s contribution in Ladakh, India: an inclusive wealth methodThis study evaluates the natural resources in Ladakh, India, through an inclusive wealth approach, inclusive wealth encompasses natural capital along with produced and human capital which includes all natural resources whether renewable or renewable5
6(Endo and Ikeda, 2022)How can developing countries achieve sustainable development: implications from the inclusive wealth index of ASEAN countriesThis study evaluates the sustainable development of ASEAN countries and uses inclusive wealth as a measure of sustainable development. And found that ASEAN countries are rich in natural resources but face difficulties in developing their economy, while developed economies have greater produced capital. So, to achieve sustainable development proper management or resources is needed at the global level7
7(Zhang et al., 2021)Spatial inequality of inclusive wealth in China and JapanThis study conducted on evaluating the spatial inequality of inclusive wealth in China and Japan. As inclusive wealth contains produced capital, human capital and natural capital in one matrix. Through evaluating different regions this study found the disparities among both nations10
8(Kurniawan et al., 2021)Economic growth – environment nexus: an analysis based on a natural capital component of inclusive wealthThis study explored the relationship between economic growth and the environment. To measure environmental quality this study use the component of inclusive wealth named natural capital. Natural capital includes all the renewable and nonrenewable natural resources and covers the broader ecology53
9(Jingyu et al., 2020)Measuring inclusive wealth of China: advances in sustainable use of resourcesThis study investigated the economic growth in China and used the measure of inclusive wealth. This study evaluates produced capital, human capital, and natural capital in China to calculate inclusive wealth24
10(Jumbri and Managi, 2020)Inclusive wealth with total factor productivity: global sustainability measurementThis study investigates sustainable development through inclusive wealth. Despite taking traditional measures of economic progress this study used inclusive wealth and concluded that total factor productivity is a factor that promotes inclusive wealth9
11(Zhang et al., 2020)Sustainability measurements in China and Japan: an application of the inclusive wealth concept from a geographical perspectiveThis study used inclusive wealth as it gives monetary value to all the assets in the economy. This study measures sustainable development in China and Japan through the utilization of inclusive wealth as a more reliable measure of sustainability18
12(Sato et al., 2018)Inclusive wealth, total factor productivity and sustainability: an empirical analysisThis study claimed that traditional total factor productivity measured only man-made capital, while inclusive wealth-based total factor productivity measured human capital and natural capital along with man-made assets and it is more reliable11
13(Zhang and Sun, 2018)Measurement of the ocean wealth of nations in China: an inclusive wealth approachThis study explored the measurement of ocean wealth and claimed ocean-inclusive wealth relatively more stable measure as compared to the traditional measure of ocean wealth which is ocean GDP13
14(Kurniawan and Managi, 2018b)Measuring long-term sustainability with shared socioeconomic pathways using an inclusive wealth frameworkThis study highlighted the importance of shared socioeconomic pathways to acquire sustainability. This study used inclusive wealth as a measure of sustainability and stressed finding out different ways that stem toward social collaboration22
15(Halkos et al., 2018)The multilayer nature of inclusive wealth data and their dynamic interpretationThis study used the multilayer nature of inclusive wealth data. Through taking multiple natural capital measurements this study evaluated an impact2
16(Ikeda and Managi, 2019)Future inclusive wealth and human well-being in regional Japan: projections of sustainability indices based on shared socioeconomic pathwaysThis study explored the future sustainability of Japan and used inclusive wealth as a measure of sustainable development. This study also projects the shared socioeconomic pathways that provide linkages to push sustainable development in the region17
17(Collins et al., 2017)Using inclusive wealth for policy evaluation: application to electricity infrastructure planning in oil-exporting countriesThis study analyzed inclusive wealth through non-renewable source policies. The impact they found depends upon the electricity, infrastructure and future prospects36
18(Ikeda et al., 2017)Inclusive wealth of regions: the case of JapanThis study evaluates the inclusive wealth in different regions of Japan. This study used the inclusive wealth index to probe the different regions’ sustainable development33
19(Roman and Thiry, 2016)The inclusive wealth index. A critical appraisalThis study critically examined the inclusive wealth index and found it a comprehensive tool for sustainable development30
20(Polasky et al., 2015)Inclusive wealth as a metric of sustainable developmentThis study claimed that inclusive wealth is a complete measure to sustainable development as it encompasses produced capital, human capital and natural capital collectively90
21(Ghadimi et al., 2015)A geospatial approach to measuring regional and subregional inclusive wealth: the case of resource-rich West Virginia, USAThis study explored the regional and subregional inclusive wealth of the USA and West Virginia. This study used inclusive wealth as a measure of sustainable development8
22(Yamaguchi, 2014)Inclusive wealth with a changing but aging populationThis study examined the impact of population age distribution on inclusive wealth. This study found that a nation’s wealth increased too rapidly and population growth rates need to be carefully adjusted to acquire sustainable development18
23(Bird, 2016)The practice of mining and inclusive wealth development in developing countriesThis study investigates the impact of mining on inclusive wealth. And found that mining shapes the social and physical infrastructure which nourishes the produced and human capital, so, increases the inclusive wealth25
24(Duraiappah and Muñoz, 2012)Inclusive wealth: a tool for the United NationsThis study claimed that the United Nations considered inclusive wealth as a tool to achieve their global agenda of sustainable development goals28
25(Ihdp, 2012)Inclusive Wealth Wealth Report 2012 – measuring progress toward sustainabilityThis report asserts the concept of inclusive wealth in 2012 and explains that inclusive wealth is a comprehensive measure of sustainable development because it includes produced capital, human capital and natural capital in one matrix146
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