Does access to information technology make people happier? Insights from well-being surveys from around the world
AbstractWe explore the relationship between access to cell phones, TV, and the internet and subjective well-being worldwide, using pooled cross-sectional data from the Gallup World Poll for 2009–2011. We find that technology access is positive for well-being in general, but with diminishing marginal returns for those who already have much access. Moreover, we find signs of increased stress and anger among cohorts for whom access to the technologies is new. We also explore whether increased financial inclusion – through cell phones and mobile banking – has additional effects on well-being in Sub-Saharan Africa. We show that well-being levels are higher in the countries with higher levels of access to mobile banking, but so are stress and anger. Our findings are in line with earlier research, which shows that while development raises aggregate levels of well-being in the long run, high levels of frustration often accompany the process.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).
Volume (Year): 44 (2013)
Issue (Month): C ()
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Web page: http://www.elsevier.com/locate/inca/620175
Subjective well-being; Technology access; Financial inclusion; Cell phones; Internet;
Find related papers by JEL classification:
- H00 - Public Economics - - General - - - General
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
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