Subjective well-being and social comparison: a comparative study on rural Thailand and Vietnam

Bien-être subjectif et comparaison sociale: une étude comparative entre les zones rurales de la Thaïlande et du Vietnam

Thi Kim Cuong Pham (), Phu Nguyen-Van, Thanh Tam Nguyen-Huu, Thi Anh-Dao Tran () and Noukignon Kone ()
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Thi Anh-Dao Tran: IRASEC - Institut de Recherche sur l'Asie du Sud-est Contemporaine - MEAE - Ministère de l'Europe et des Affaires étrangères - CNRS - Centre National de la Recherche Scientifique, CREAM - Centre de Recherche en Economie Appliquée à la Mondialisation - UNIROUEN - Université de Rouen Normandie - NU - Normandie Université - IRIHS - Institut de Recherche Interdisciplinaire Homme et Société - UNIROUEN - Université de Rouen Normandie - NU - Normandie Université
Noukignon Kone: LASTA - Laboratoire d'Analyse des Sociétés, Transformations et Adaptations - UNIROUEN - Université de Rouen Normandie - NU - Normandie Université, CREAM - Centre de Recherche en Economie Appliquée à la Mondialisation - UNIROUEN - Université de Rouen Normandie - NU - Normandie Université - IRIHS - Institut de Recherche Interdisciplinaire Homme et Société - UNIROUEN - Université de Rouen Normandie - NU - Normandie Université

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Abstract: This paper analyzes the determinants of the households' welfare perception using the data from surveys on rural households in Thailand and Vietnam. Welfare perception corresponds to the households' subjective assessment of their general situations. We focus on the social comparison and take into account relative poverty, harsh living conditions, economic and natural risks as well as the households' degree of risk acceptance. Our study shows that households, in both countries, are sensitive to income and relative poverty, but only Thai households appear to care about social comparison regarding their wealth. In particular, this comparison is asymmetric. Natural risks as well as households' attitude to risks affect households' well-being differently in the two countries, while we observe a similarity in the impact of economic shocks.

Keywords: Natural risks; Economic risks; Environmental risks; Subjective well-being; Social comparison; Rural area; Bien-être subjectif; Comparaison sociale; Risques économiques; Risques naturels; Zone rurale (search for similar items in EconPapers)
Date: 2019
Note: View the original document on HAL open archive server: https://normandie-univ.hal.science/hal-02456599v1
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Citations: View citations in EconPapers (1)

Published in Revue d'économie politique, 2019, 129 (6), pp.993-1029. ⟨10.3917/redp.296.0993⟩

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Related works:
Journal Article: Subjective Well-Being and Social Comparison: A Comparative Study on Rural Thailand and Vietnam (2019)
Working Paper: Subjective well-being and social comparison: A comparative study on rural Thailand and Vietnam (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02456599

DOI: 10.3917/redp.296.0993

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