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To what extent are improvements in quality of life (material living levels, health, education, political and civil rights, happiness, and the like) associated with economic growth? International comparisons of quality of life (QoL) conditions almost always point to a strong positive association...
Persistent link: https://www.econbiz.de/10012711449
The age of the welfare revolution has just begun. Several national and international organizations have attempted to define the main characteristics of welfare. During the financial crisis the governments have realised that in order to increase well-being they must include new objective and...
Persistent link: https://www.econbiz.de/10010701260
The study of international well-being and its distribution remains focused on income. This paper addresses multidimensional well-being from a capabilities perspective during the last one-and-a-half centuries. Relative inequality (population-weighted) fell in health and education since the late...
Persistent link: https://www.econbiz.de/10012820189
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10009736745
This paper presents new evidence linking trust and subjective well-being, based primarily on data from the Gallup World Poll and cycle 17 of the Canadian General Social Survey (GSS17). Because several of the general explanations for subjective well-being examined here show large and significant...
Persistent link: https://www.econbiz.de/10008635910
Based on updated datasets of value added and of labour and capital inputs, this paper provides a reassessment of the proximate causes of Italy's economic development since its political unification in 1861 to 2016. Italy's pre-WWII economy featured weak productivity growth, with the exception of...
Persistent link: https://www.econbiz.de/10012941997
The structural transformation of the Indian economy from agriculture (primary sector) dominated to one led by the services sector (tertiary sector), bypassing the intermediate stage of manufacturing (secondary sector) led growth, offers an alternative to conventional theories of economic...
Persistent link: https://www.econbiz.de/10014131989
We study the association between fiscal policy and subjective wellbeing using fiscal data on 34 countries across 129 country-years, combined with over 170,000 people’s subjective wellbeing scores. While past research has found that "distortionary taxes" (e.g. income taxes) are associated with...
Persistent link: https://www.econbiz.de/10011524690
This paper estimates the relationship between various sub-indicators of economic freedom and life satisfaction for 122 countries. The estimation results show that life satisfaction is positively related to the quality of the legal system and protection of property rights. For poor countries,...
Persistent link: https://www.econbiz.de/10013106594
The concepts of well-being and quality of life concern evaluative judgements. There is insufficient understanding in current literature that these judgements are made variously due to not only use of differing values and differing research instruments but also differing standpoints, differing...
Persistent link: https://www.econbiz.de/10010837471