Happiness and consumption: evidence from China

Zhen Cui ()
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Zhen Cui: California State University Los Angeles

International Review of Economics, 2018, vol. 65, issue 4, No 1, 403-419

Abstract: Abstract Using the 2012 China Household Finance Survey, this study finds that happiness in China is positively associated with expenditures on status-related and socially motivated goods, not with spending on improving material well-being or primarily intended for procuring material goods. It also reveals that socially motivated consumption has a status element and the effects of different types of consumption on happiness vary with people’s educational background.

Keywords: Status; Social; Consumption; Happiness; China (search for similar items in EconPapers)
JEL-codes: D12 I31 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (3)

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DOI: 10.1007/s12232-018-0303-1

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