Is the structure of happiness equations the same in poor and rich countries? The case of South Africa
Powdthavee, Nattavudh (2003) Is the structure of happiness equations the same in poor and rich countries? The case of South Africa. Working Paper. University of Warwick, Department of Economics, Coventry.
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Is happiness pattern structurally the same between the poor countries and the rich countries? Using a cross-sectional data from SALDRU93 survey, we show that relationships between subjective well-being and socioeconomic variables have a similar structure in South Africa as they are in the developed countries. Well-being appears to rise with income. Unemployment, however, is detrimental to reported well-being, both at the individual- and household-level. Living standard indicators such as durable assets ownership seem to be as good determinants of happiness levels as income. Relative income also matters in the evaluation of subjective well-being, once relative consumption is controlled for.
|Item Type:||Working or Discussion Paper (Working Paper)|
|Subjects:||H Social Sciences > HN Social history and conditions. Social problems. Social reform
D History General and Old World > DT Africa
|Divisions:||Faculty of Social Sciences > Economics|
|Library of Congress Subject Headings (LCSH):||Happiness -- South Africa, Quality of life -- South Africa, Unemployment -- South Africa, Poverty -- South Africa|
|Series Name:||Warwick economic research papers|
|Publisher:||University of Warwick, Department of Economics|
|Place of Publication:||Coventry|
|Number of Pages:||51|
|Status:||Not Peer Reviewed|
|Access rights to Published version:||Open Access|
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