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Does Growth Cause Happiness, or Does Happiness Cause Growth?

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Author Info
Kenny, Charles

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Abstract

Taking lessons from a conception of the nature and causes of happiness that harks back to Adam Smith and the original Utilitarians, this paper argues that increases in absolute income should have little effect on happiness in rich countries and that there might instead be channels linking happiness causally with growth. Using time series evidence from happiness polls in ten wealthy countries, the paper finds no support for a causal link from growth to happiness, weak support for a reverse causation, and further (weak) support for links between national equality and happiness and leisure time and happiness. Copyright 1999 by WWZ and Helbing & Lichtenhahn Verlag AG

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Publisher Info
Article provided by Blackwell Publishing in its journal Kyklos.

Volume (Year): 52 (1999)
Issue (Month): 1 ()
Pages: 3-25
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Handle: RePEc:bla:kyklos:v:52:y:1999:i:1:p:3-25

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  9. Vendrik,Maarten & Hirata,Johannes, 2003. "Experienced versus Decision Utility of Income: Relative or Absolute Happiness," Research Memoranda 054, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization. [Downloadable!]
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  22. Drakopoulos, Stavros A., 2008. "The Concept Of Comparison Income: An Historical Perspective," MPRA Paper 8713, University Library of Munich, Germany. [Downloadable!]
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