An exploratory study of the impact of income, health expenditure and pollution on happiness: a global perspective

There has been a tremendous growth in the number of empirical research on happiness by economists in the past decade. The present study is in the right direction as it explores a relatively intriguing area of research on the “economics of happiness”. The purpose of this study is to find the existenc...

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Main Authors: V. Rasiah, R. Ratneswary, Habibullah, Muzafar Shah, Abdul Hamid, Baharom
Format: Conference or Workshop Item
Language:English
Published: Faculty of Economics and Management, Universiti Putra Malaysia 2012
Online Access:http://psasir.upm.edu.my/id/eprint/51255/
http://psasir.upm.edu.my/id/eprint/51255/1/12-13.pdf
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author V. Rasiah, R. Ratneswary
Habibullah, Muzafar Shah
Abdul Hamid, Baharom
author_facet V. Rasiah, R. Ratneswary
Habibullah, Muzafar Shah
Abdul Hamid, Baharom
author_sort V. Rasiah, R. Ratneswary
building UPM Institutional Repository
collection Online Access
description There has been a tremendous growth in the number of empirical research on happiness by economists in the past decade. The present study is in the right direction as it explores a relatively intriguing area of research on the “economics of happiness”. The purpose of this study is to find the existence of linkages between happiness and several economic variables. A cross-sectional econometric analysis is employed to examine the impact of the economic variables of income (Gross Domestic Product per capita), health care expenditure and pollution (proxies by CO2 emissions) on happiness across 42 countries in 2006. The findings indicate that a significantly positive relationship exists between happiness and income while pollution has a negative impact on a nation’s wellbeing. The level of health care expenditure however, does not have a significant impact on happiness. The study concludes with an examination of policy implications of the findings.
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institution Universiti Putra Malaysia
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language English
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publishDate 2012
publisher Faculty of Economics and Management, Universiti Putra Malaysia
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spelling upm-512552017-04-03T07:43:30Z http://psasir.upm.edu.my/id/eprint/51255/ An exploratory study of the impact of income, health expenditure and pollution on happiness: a global perspective V. Rasiah, R. Ratneswary Habibullah, Muzafar Shah Abdul Hamid, Baharom There has been a tremendous growth in the number of empirical research on happiness by economists in the past decade. The present study is in the right direction as it explores a relatively intriguing area of research on the “economics of happiness”. The purpose of this study is to find the existence of linkages between happiness and several economic variables. A cross-sectional econometric analysis is employed to examine the impact of the economic variables of income (Gross Domestic Product per capita), health care expenditure and pollution (proxies by CO2 emissions) on happiness across 42 countries in 2006. The findings indicate that a significantly positive relationship exists between happiness and income while pollution has a negative impact on a nation’s wellbeing. The level of health care expenditure however, does not have a significant impact on happiness. The study concludes with an examination of policy implications of the findings. Faculty of Economics and Management, Universiti Putra Malaysia 2012 Conference or Workshop Item PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/51255/1/12-13.pdf V. Rasiah, R. Ratneswary and Habibullah, Muzafar Shah and Abdul Hamid, Baharom (2012) An exploratory study of the impact of income, health expenditure and pollution on happiness: a global perspective. In: National Research & Innovation Conference for Graduate Students in Social Sciences (GS-NRIC 2012), 7-9 Dec. 2012, Mahkota Hotel, Melaka. (pp. 287-297).
spellingShingle V. Rasiah, R. Ratneswary
Habibullah, Muzafar Shah
Abdul Hamid, Baharom
An exploratory study of the impact of income, health expenditure and pollution on happiness: a global perspective
title An exploratory study of the impact of income, health expenditure and pollution on happiness: a global perspective
title_full An exploratory study of the impact of income, health expenditure and pollution on happiness: a global perspective
title_fullStr An exploratory study of the impact of income, health expenditure and pollution on happiness: a global perspective
title_full_unstemmed An exploratory study of the impact of income, health expenditure and pollution on happiness: a global perspective
title_short An exploratory study of the impact of income, health expenditure and pollution on happiness: a global perspective
title_sort exploratory study of the impact of income, health expenditure and pollution on happiness: a global perspective
url http://psasir.upm.edu.my/id/eprint/51255/
http://psasir.upm.edu.my/id/eprint/51255/1/12-13.pdf