Happiness and Public Expenditure: Evidence from a panel analysis

Kamal Kasmaoui and Othmane Bourhaba

MPRA Paper from University Library of Munich, Germany

Abstract: The present study examines empirically the relationship between Happiness and public spending. We use a panel data from 2006 to 2015 for about 132 countries. We first estimated a Pooled, fixed effect and finally a GMM model to deal with the endogeneity problem. Our main findings suggest, first, that high levels of public expenditure are associated with greater Happiness around the world. Second, as expected, social support, Healthy life expectancy, Freedom to make life choices and confidence in national government contribute significantly to Happiness.

Keywords: Happiness; Public choice; Government spending; GMM (search for similar items in EconPapers)
JEL-codes: H11 H40 H50 I31 (search for similar items in EconPapers)
Date: 2017-05-23
New Economics Papers: this item is included in nep-dcm, nep-hap and nep-pbe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/79339/1/MPRA_paper_79339.pdf original version (application/pdf)

Related works:
Working Paper: Happiness and Public Expenditure: Evidence from a Panel Analysis (2017)
Working Paper: Happiness and Public Expenditure: Evidence from a Panel Analysis (2017)
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:pra:mprapa:79339

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().