Empirics on the Long Run Relationship Between Economic Growth and Happiness

The paper finds a statistically significant positive but very small long-run relationship between economic growth and happiness. Reading the evidence as such can mean a rejection of the Easterlin Paradox. The trivial size of the estimated relationship nonetheless indicates little economic significan...

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Main Author:	Beja, Edsel L, Jr
Format:	text
Published:	Archīum Ateneo 2014
Subjects:	Easterlin Paradox happiness economic growth Behavioral Economics Economics Growth and Development
Online Access:	https://archium.ateneo.edu/economics-faculty-pubs/124 https://www.tandfonline.com/doi/abs/10.1080/07360932.2014.963637
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Institution:	Ateneo De Manila University

id	ph-ateneo-arc.economics-faculty-pubs-1123
record_format	eprints
spelling	ph-ateneo-arc.economics-faculty-pubs-11232020-08-20T05:47:16Z Empirics on the Long Run Relationship Between Economic Growth and Happiness Beja, Edsel L, Jr The paper finds a statistically significant positive but very small long-run relationship between economic growth and happiness. Reading the evidence as such can mean a rejection of the Easterlin Paradox. The trivial size of the estimated relationship nonetheless indicates little economic significance, if at all. The paper, in turn, argues that using economic significance rather than statistical significance in the evaluation of the evidence can actually lead to a confirmation of the Easterlin Paradox. 2014-09-26T07:00:00Z text https://archium.ateneo.edu/economics-faculty-pubs/124 https://www.tandfonline.com/doi/abs/10.1080/07360932.2014.963637 Economics Department Faculty Publications Archīum Ateneo Easterlin Paradox happiness economic growth Behavioral Economics Economics Growth and Development
institution	Ateneo De Manila University
building	Ateneo De Manila University Library
country	Philippines
collection	archium.Ateneo Institutional Repository
topic	Easterlin Paradox happiness economic growth Behavioral Economics Economics Growth and Development
spellingShingle	Easterlin Paradox happiness economic growth Behavioral Economics Economics Growth and Development Beja, Edsel L, Jr Empirics on the Long Run Relationship Between Economic Growth and Happiness
description	The paper finds a statistically significant positive but very small long-run relationship between economic growth and happiness. Reading the evidence as such can mean a rejection of the Easterlin Paradox. The trivial size of the estimated relationship nonetheless indicates little economic significance, if at all. The paper, in turn, argues that using economic significance rather than statistical significance in the evaluation of the evidence can actually lead to a confirmation of the Easterlin Paradox.
format	text
author	Beja, Edsel L, Jr
author_facet	Beja, Edsel L, Jr
author_sort	Beja, Edsel L, Jr
title	Empirics on the Long Run Relationship Between Economic Growth and Happiness
title_short	Empirics on the Long Run Relationship Between Economic Growth and Happiness
title_full	Empirics on the Long Run Relationship Between Economic Growth and Happiness
title_fullStr	Empirics on the Long Run Relationship Between Economic Growth and Happiness
title_full_unstemmed	Empirics on the Long Run Relationship Between Economic Growth and Happiness
title_sort	empirics on the long run relationship between economic growth and happiness
publisher	Archīum Ateneo
publishDate	2014
url	https://archium.ateneo.edu/economics-faculty-pubs/124 https://www.tandfonline.com/doi/abs/10.1080/07360932.2014.963637
_version_	1681506820145807360

Empirics on the Long Run Relationship Between Economic Growth and Happiness

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