Bartolini, Stefano and Bilancini, Ennio If not only GDP, what else? Using relational goods to predict the trends of subjective well-being. International Review of Economics, 57 (2). pp. 199-213. ISSN 1865-1704 (2010)
Full text not available from this repository.Abstract
In the last decade, a lively interdisciplinary discussion has grown around the evidence that, in the long-run, people’s subjective well-being is not significantly correlated with income growth. In other words, GDP growth does not predict the long run growth of subjective well-being. In this paper, we argue that there exists a different predictor of subjective well-being that works pretty well: sociability, i.e. the quality and quantity of social relationships (also referred to as relational goods). More precisely, we illustrate the role of sociability as a predictor of well-being, presenting the available evidence at both the within-country and the worldwide level. In particular, we discuss recent evidence from US cross-sectional data (General Social Survey, 1975–2004), cross-country time series (World Value Survey 1980–2005), and German panel data (German Socio-Economic Panel, 1996–2007). We conclude by indicating the most relevant open issues and suggesting future lines of research.
| Item Type: | Article |
|---|---|
| Identification Number: | 10.1007/s12232-010-0098-1 |
| Uncontrolled Keywords: | Happiness; Social capital; Economic growth; Relational goods; Intrinsic motivations; Subjective well-being; Easterlin paradox; Life satisfaction; Sociability |
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| Research Area: | Economics and Institutional Change |
| Depositing User: | Caterina Tangheroni |
| Date Deposited: | 24 Jan 2018 12:12 |
| Last Modified: | 24 Jan 2018 12:12 |
| URI: | http://eprints.imtlucca.it/id/eprint/3885 |
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