What makes Lahoris happy? Economic or non-economic factors or both?
Zartaj Kamran Khawaja and
Bilal Mehmood
International Journal of Happiness and Development, 2018, vol. 4, issue 3, 261-281
Abstract:
Happiness is not granted; it is something to strive for. Accordingly, this paper intends to scrutinise the impact of both economic (i.e., income, employment status, inflation and economic policy) and non-economic (i.e., health, education, terrorism and friends, family and relationships) factors on happiness. The analysis relies on the data collected through questionnaires, during February-April 2015 using convenience sampling method (N = 390) to represent the population of Lahore city. Results of descriptive statistics and structural equations modelling (SEM) reveal that both economic and non-economic variables are responsible for the happiness of individuals. This study offers substantial theoretical contributions regarding the factors individuals should value in their pursuit of happiness.
Keywords: happiness; income; economic policy; health; structural equations modelling; SEM. (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijhdev:v:4:y:2018:i:3:p:261-281
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