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With or without you? Measuring the quality of relational life throughout the world

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Stanca, Luca

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Abstract

This paper proposes a new method for the measurement of the quality of relational life. Building on the recent literature on the determinants of subjective well-being, we use implicit valuations estimated from microeconometric life satisfaction equations to weigh scores on several dimensions of relational life. We apply the proposed method to a large sample of individuals from 94 countries, in order to construct composite indicators that focus on three dimensions of interpersonal relations: friends, family, and society. We use these indicators to compare the quality of relational life across countries worldwide and to explore its determinants at individual and country level. Overall, the results indicate that, at individual level, better economic conditions are associated with higher quality of interpersonal relationships.

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File URL: http://www.sciencedirect.com/science/article/B6W5H-4W04KJ3-4/2/8790f3dae137c886c417cbf9adc2335f
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Publisher Info
Article provided by Elsevier in its journal The Journal of Socio-Economics.

Volume (Year): 38 (2009)
Issue (Month): 5 (October)
Pages: 834-842
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Handle: RePEc:eee:soceco:v:38:y:2009:i:5:p:834-842

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Web page: http://www.elsevier.com/locate/inca/620175

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Related research
Keywords: Subjective well-being Relational goods Quality of life;

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  1. Bernard M. S. van Praag & Barbara E. Baarsma, 2005. "Using Happiness Surveys to Value Intangibles: The Case of Airport Noise," Economic Journal, Royal Economic Society, vol. 115(500), pages 224-246, 01. [Downloadable!] (restricted)
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  2. Simon Moore & Jonathan P. Shepherd, 2006. "The cost of fear: shadow pricing the intangible costs of crime," Applied Economics, Taylor and Francis Journals, vol. 38(3), pages 293-300, February. [Downloadable!] (restricted)
  3. Bruno Frey & Simon Luechinger & Alois Stutzer, 2004. "Valuing Public Goods: The Life Satisfation Approach," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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  4. Isacsson, Gunnar & Karlström, Anders & Swärdh, Jan-Erik, 2008. "The value of time from subjective data on life satisfaction and job satisfaction: An empirical assessment," Working Papers 2008:2, Swedish National Road & Transport Research Institute (VTI). [Downloadable!]
  5. Bruni, Luigino & Stanca, Luca, 2008. "Watching alone: Relational goods, television and happiness," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 506-528, March. [Downloadable!] (restricted)
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  6. Bruno S. Frey & Alois Stutzer, 2002. "What Can Economists Learn from Happiness Research?," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 402-435, June.
    Other versions:
  7. Winkelmann, Rainer, 2004. "Subjective Well-Being and the Family: Results from an Ordered Probit Model with Multiple Random Effects," IZA Discussion Papers 1016, Institute for the Study of Labor (IZA). [Downloadable!]
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  8. Bernard van den Berg & Ada Ferrer-i-Carbonell, 2007. "Monetary valuation of informal care: the well-being valuation method," Health Economics, John Wiley & Sons, Ltd., vol. 16(11), pages 1227-1244. [Downloadable!]
  9. Welsch, Heinz, 2002. "Preferences over Prosperity and Pollution: Environmental Valuation Based on Happiness Surveys," Kyklos, Blackwell Publishing, vol. 55(4), pages 473-94.
  10. Bruno S. Frey & Simon Luechinger & Alois Stutzer, 2007. "Calculating Tragedy: Assessing The Costs Of Terrorism," Journal of Economic Surveys, Blackwell Publishing, vol. 21(1), pages 1-24, 02. [Downloadable!] (restricted)
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  11. Fabio Sabatini, 2005. "Social capital as social networks. A new framework for measurement," Working Papers 83, Sapienza University of Rome, Department of Public Economics. [Downloadable!]
  12. Aslam, A. & Corrado, L., 2007. "No Man is an Island, the Inter-personal Determinants of Regional Well-Being in Europe," Cambridge Working Papers in Economics 0717, Faculty of Economics, University of Cambridge. [Downloadable!]
  13. Diwan, Romesh, 2000. "Relational wealth and the quality of life," The Journal of Socio-Economics, Elsevier, vol. 29(4), pages 305-340, July. [Downloadable!] (restricted)
  14. Rafael Di Tella & Robert MacCulloch, 2006. "Some Uses of Happiness Data in Economics," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 25-46, Winter. [Downloadable!] (restricted)
  15. Welsch, Heinz, 2006. "Environment and happiness: Valuation of air pollution using life satisfaction data," Ecological Economics, Elsevier, vol. 58(4), pages 801-813, July. [Downloadable!] (restricted)
  16. Vemuri, Amanda W. & Costanza, Robert, 2006. "The role of human, social, built, and natural capital in explaining life satisfaction at the country level: Toward a National Well-Being Index (NWI)," Ecological Economics, Elsevier, vol. 58(1), pages 119-133, June. [Downloadable!] (restricted)
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This page was last updated on 2009-12-3.

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