جستجوی مقالات مرتبط با کلیدواژه « Easterlin Paradox » در نشریات گروه « اقتصاد »

The effect of income on subjective well-being has been studied in several researches; however, the various dimensions of this effect have not been studied yet. Therefore, the aim of this study is to investigate the nonlinear effects of income on subjective well-being of 58 selected countries during the years 2005 to 2020 using quantile regression approach. In this study, the effects of income, unemployment, inflation, life expectancy, and income inequality on subjective well-being have also been investigated. The results show that in all quantities, there is a positive and significant relationship between income and subjective well-being. Considering different deciles of subjective well-being, however, the effect of income on subjective well-being is greater at higher levels of subjective well-being. From the middle onwards, this value is almost constant. In fact, with an unlimited increase in the subjective well-being, countries are unable to increase the amount of positive impact of income on it. According to the results, the impact of the economic factors on subjective well-being is importan, so that a high subjective well-being affects the amount of impact.

Sustainable development is aimed at promoting the level and quality of life of individuals and improving the welfare of society and the continuation of this process throughout the human generations. Rising per capita global energy consumption and the devastating environmental consequences of this trend, despite technological advances and the widespread warnings (resource depletion, rising pollution, and global warming), have raised global concerns about sustainable development. However, many are still reluctant to reduce energy consumption, because there is a widespread belief, although implicit, that a nation's level of well-being and happiness depends on its energy consumption. The purpose of this study is to empirically investigate the effect of per capita energy consumption on the happiness of societies. The results of estimating the effect of energy consumption thresholds on happiness in selected developing countries during the period 2017-2017 have shown that energy consumption has a nonlinear and threshold effect on happiness. In other words, as long as the level of energy consumption per capita is less than the threshold level increasing per capita energy consumption has led to an increase in the level of happiness in society. But after crossing the threshold level and being in a high energy consumption regime, increasing per capita energy consumption has reduced the level of happiness. Environmental pollution and global warming as a result of the uncontrolled increase in energy consumption and its adverse consequences on quality of life are among the reasons for the paradox of the relationship between energy consumption and happiness. JEL Classification: 131,  Z13, O01,O56

Maximizing the satisfaction of individuals and the welfare of society has always been one of the goals of human societies. Happiness is one of the criteria for identifying the level of satisfaction of people in society. Various factors, such as economic and social conditions, can affect people's happiness. Among these, inequality in income distribution and the feeling of deprivation play an important role in determining people's sense of satisfaction and happiness. Also, the type of perception and judgment of individuals about their economic and social conditions in society and their predictions about each other and the society in which they live plays an important role in the tolerable threshold of inequality. The purpose of this study is to investigate the effect of income inequality thresholds on happiness in the context of the Easterlin paradox. For this purpose, data from 32 developing countries during the years 2005-2016 have been used. The results of estimating the threshold dynamic panel model show that in the low inequality regime,  when the Gini coefficient is less than 0.358, the increase in per capita income has a significant positive effect on happiness in developing countries. But in the high inequality regime, when the Gini coefficient is greater than 0.358, the increase in per capita income has not had a significant effect on happiness. Therefore, the results confirm the Easterlin paradox and indicate the existence of the Easterlin paradox is because of the high income inequality.