Economic Openness and Subjective Well‐being in China
Wen Xin and
Russell Smyth
China & World Economy, 2010, vol. 18, issue 2, 22-40
Abstract:
Using a large household survey administered across 30 cities in September 2003, we examine the relationship between the degree of economic openness, measured as the sum of imports and exports as a share of GDP, and subjective well‐being in urban China. We find that respondents who live in cities with high levels of economic openness report significantly lower levels of subjective well‐being ceteris paribus. We offer four explanations for this result; namely, inadequate social protection in the face of globalization, unfulfilled expectations, political dissatisfaction and anomie.
Date: 2010
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https://doi.org/10.1111/j.1749-124X.2010.01187.x
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Persistent link: https://EconPapers.repec.org/RePEc:bla:chinae:v:18:y:2010:i:2:p:22-40
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