Income, Social Capital, and Subjective Well-Being of Residents in Western China

Jun Zhang, Jinchen Xie, Xinyi Zhang and Jianke Yang
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Jun Zhang: School of Humanities and Social science, Xi’an Jiaotong University, No. 28 Xianning West Road, Xi’an 710049, China
Jinchen Xie: School of Humanities and Social science, Xi’an Jiaotong University, No. 28 Xianning West Road, Xi’an 710049, China
Xinyi Zhang: School of Humanities and Social science, Xi’an Jiaotong University, No. 28 Xianning West Road, Xi’an 710049, China
Jianke Yang: School of Humanities and Social science, Xi’an Jiaotong University, No. 28 Xianning West Road, Xi’an 710049, China

Sustainability, 2022, vol. 14, issue 15, 1-11

Abstract: Many scholars focus on China’s booming economy and its social impacts, while there is little attention regarding subjective well-being, especially after considering income and social capital. Therefore, the purpose of this paper was to examine the correlations between income, social capital and subjective well-being of western Chinese residents, basing on a representative comprehensive social survey. Several meaningful conclusions are shown below: (1) Western residents in China retain a relatively high degree of subjective well-being on average, and the mean value of subjective well-being for urban residents is slightly higher than that for rural residents; (2) there are regional and group differences in the influence of income and social capital on residents’ subjective well-being; and (3), although economic factors play a primary role in subjective well-being, the potential influence of non-economic factors cannot be ignored. This paper attempts to fill the gap in perspective regarding potential correlations between income, social capital, and subjective well-being.

Keywords: subjective well-being; income; social capital (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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