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preserved longer rather than being quickly discarded. Thus, reestablishing individuals’ attachment to social capital and material goods is necessary. References Bjørnskov, C. (2003) The happy few: Cross-country evidence on Tetsuya TSURUMI Tetsuya Tsurumi is an associate professor in the Faculty of Policy Studies at Nanzan University, Japan. His the relationship between economic development and the environment and the effects of economic development on subjective well-being. He has published his research in academic journals such as the Journal of Environmental Economics and Management, Ecological Economics, Journal of Cleaner Production, and Journal of Happiness Studies. He is a coauthor of Handbook on Wellbeing, Happiness and the Environment. Kazuki KAGOHASHI Kazuki Kagohashi is an associate professor in the Faculty of Global Liberal Studies and an associate the Nanzan University Institute for Social Ethics (NUISE). His research interests include the substitutability of natural capital (i.e., critical natural capital), determinants of sustainable development and social resilience, water resource management, community-based drought adaptation and so on. His current research project on social resilience at NUISE investigates the determinants of social resilience in which communities could sustain their level of autonomy and well-being under adverse conditions of environmental/resource crises (such as droughts, soil degradation, etc.). Ekins, P. (2003) Identifying critical natural capital: Conclusions about critical natural capital. Ecological Economics, 44(2–3): 277–292. Ekins, P. (2014) Critical natural capital and strong sustainability. In: Atkinson, G., Dietz, S. and Neumayer, E. (eds.), Handbook of Sustainable Development, 55–71. UK/Northampton, MA, USA: Edward Elgar. Tsurumi, T., Kagohashi, K. and Managi, S. (2020a), How environmental consumption-well-being relationship: Evidence for Japan. In: Maddison, D., Rehdanz, K., and Welsch, H. (eds.), Handbook on Wellbeing, Happiness and the Environment, Chapter 20, Edward Elgar. Tsurumi, T., Yamaguchi, R., Kagohashi, K. and Managi, S. (2020b) Are cognitive, affective, and eudaimonic dimensions of subjective well-being differently to consumption? Evidence Journal of Happiness Studies. doi.org/10.1007/s10902-020-00327-4 Tsurumi, T., Yamaguchi, R., Kagohashi, K. and Managi, S. (2020c) Attachment to material goods and subjective well-being: Evidence from life satisfaction in rural areas in Vietnam. Sustainability, 12(23): 9913. doi.org/10.3390/su12239913 Tsurumi, T., Yamaguchi, R., Kagohashi, K. and Managi, S. (2021a) Material and relational consumption to improve subjective well-being: Evidence from rural and urban Vietnam. Journal of Cleaner Production, 310(10): 127499. doi.org/10.1016/j. jclepro.2021.127499 Tsurumi, T., Yamaguchi, R., Kagohashi, K. and Managi, S. (2021b) Consumption and subjective well-being before and under the Covid-19 pandemic. Review of Environmental Economics and Policy Studies, 14(1): 66–70. (in Japanese) Tsurumi, T., Yamaguchi, R., Kagohashi, K. and Managi, S. (2021c) How the Covid-19 Pandemic Affect Consumption- Subjective Well-Being Relationships. Mimeo. social capital and life satisfaction, Kyklos, 56(1): 3–16. ethics affect Japan. from Sustainable Consumption in Terms of Subjective Well-being in Asia the related (Received 17 June 2021, Accepted 30 July 2021) Rintaro YAMAGUCHI Rintaro Yamaguchi is a senior researcher at the National Institute for Environmental Studies (NIES). He has moved back to academia after a decade of consulting experience for private and public sectors. He is passionate about genuine savings and inclusive wealth accounting. Other research interests include, but are not limited to, discounting, cost-benefit analysis, macroeconomic dynamics and subjective well-being. He has many publications in general economics journals and environmental economics journals. Shunsuke MANAGI Shunsuke Managi is a distinguished professor of technology & policy and director of the Urban Institute at Kyushu University, Japan. He is a director for the Inclusive Wealth Report 2018 (IWR, 2018), a lead author for the Inter-governmental Panel on Climate Change (IPCC), a coordinating lead author for the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES), a coordinating lead author for the UNESCO International Science and Evidence based Education Assessment, an editor for the journals Economics of Disasters and Climate Change and Environmental Economics and Policy Studies, and the author of Technology, Natural Resources and Economic Growth: Improving the Environment for a Greener Future. research research through case studies include interests fellow at 99

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