What is the impact of social well-being factors on happiness?

Mohamed Ali Trabelsi

European Journal of Management Studies, 2022, vol. 28, issue 1, 37-47

Abstract: Purpose - The purpose of this study is to examine the effect of social support, healthy life expectancy, freedom to make life choices, generosity, corruption perception, real gross domestic product per capita and the Gini index on happiness. Design/methodology/approach - In this study, the sample consists of 137 countries observed over the period 2017–2019. A multidimensional approach is used consisting of a principal component analysis and an econometric linear regression model. Findings - The findings indicate that perception, taking care of other people, corruption perception, freedom to make life choices and healthy life expectancy are the most determining factors of social well-being. Practical implications - Well-being benefits countries by improving living standards. Indeed, taking care of other people, corruption perception, freedom to make life choices and healthy life expectancy directly and positively correlate with social well-being. Originality/value - This study contributes to the previous literature in three ways. First, this paper provides fresh and recent data on social well-being. Second, the author introduced a multidimensional approach using a principal component analysis of the different social well-being factors to detect correlation between these indicators and to determine homogeneous clusters. Third, through these indicators, a country's leaders can formulate policies to enhance social well-being because it is closely linked to the improvement of the standard of living, good governance and therefore an increase in GDP.

Keywords: Happiness; Inequality; Subjective well-being; Income; Data analysis; C51; C83; D63; I31; P46 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:ejmspp:ejms-01-2022-0004

DOI: 10.1108/EJMS-01-2022-0004

Access Statistics for this article

European Journal of Management Studies is currently edited by Tiago Cardão-Pito and Gurpreet Dhillon

More articles in European Journal of Management Studies from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().