This paper investigates the cross-country distribution of the relationship between economic conditions and well-being. Using a large sample of individuals from 94 countries worldwide, we find that the effect of income on well-being is larger in countries with lower GDP per capita, while the negative effect of being unemployed is stronger in countries with higher unemployment rate or higher GDP per capita. Interestingly, the effect of being unemployed displays positive spatial dependence across countries that is not accounted for by aggregate socio-economic conditions. Overall, the results indicate that geography, culture and institutions must be explicitly taken into account in order to understand the relationship between economic conditions and well-being.

Stanca, L. (2010). The Geography of Economics and Happiness: Spatial Patterns in the Effects of Economic Conditions on Well-Being. SOCIAL INDICATORS RESEARCH, 99(1), 115-133 [10.1007/s11205-009-9571-1].

The Geography of Economics and Happiness: Spatial Patterns in the Effects of Economic Conditions on Well-Being

STANCA, LUCA MATTEO
2010

Abstract

This paper investigates the cross-country distribution of the relationship between economic conditions and well-being. Using a large sample of individuals from 94 countries worldwide, we find that the effect of income on well-being is larger in countries with lower GDP per capita, while the negative effect of being unemployed is stronger in countries with higher unemployment rate or higher GDP per capita. Interestingly, the effect of being unemployed displays positive spatial dependence across countries that is not accounted for by aggregate socio-economic conditions. Overall, the results indicate that geography, culture and institutions must be explicitly taken into account in order to understand the relationship between economic conditions and well-being.
Articolo in rivista - Articolo scientifico
Quality of life; Spatial analysis; Well-being;
English
2010
99
1
115
133
none
Stanca, L. (2010). The Geography of Economics and Happiness: Spatial Patterns in the Effects of Economic Conditions on Well-Being. SOCIAL INDICATORS RESEARCH, 99(1), 115-133 [10.1007/s11205-009-9571-1].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/7525
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