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Developments in the Measurement of Subjective Well-Being and Poverty: An Economic Perspective

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  • Khadija Shams

    (University of Glasgow
    Shaheed Benazir Bhutto Women University)

Abstract

Drawing on unique survey data for rural Pakistan, we estimate a happiness model to explore to what extent an economic perspective adds to our understanding of subjective wellbeing poverty. The data elicits information on subjective well-being in general and particularly on financial well-being in terms of household’s happiness with the current income or expenditure. We find that the well-being approach closely depicts the idea of well-being poverty in terms of the level education, health and income which matter significantly. Moreover unlike developed nations this study suggests a positive impact of children on well-being and poverty due to their productive contribution. As studies employing good data from developing countries are rare, this paper can potentially make a good contribution to the existing happiness literature, with special reference to Pakistan. Secondly, it brings new and strong empirical evidence to alternative approaches to subjective well-being poverty.

Suggested Citation

  • Khadija Shams, 2016. "Developments in the Measurement of Subjective Well-Being and Poverty: An Economic Perspective," Journal of Happiness Studies, Springer, vol. 17(6), pages 2213-2236, December.
  • Handle: RePEc:spr:jhappi:v:17:y:2016:i:6:d:10.1007_s10902-015-9691-z
    DOI: 10.1007/s10902-015-9691-z
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    Cited by:

    1. Joe Devine & Timothy Hinks & Arif Naveed, 2019. "Happiness in Bangladesh: The Role of Religion and Connectedness," Journal of Happiness Studies, Springer, vol. 20(2), pages 351-371, February.
    2. Khadija Shams & Alexander Kadow, 2023. "COVID-19 and Subjective Well-Being in Urban Pakistan in the Beginning of the Pandemic: A Socio-Economic Analysis," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 18(1), pages 93-113, February.
    3. Khadija Shams & Alexander Kadow, 2019. "The Relationship Between Subjective Well-Being and Work–Life Balance Among Labourers in Pakistan," Journal of Family and Economic Issues, Springer, vol. 40(4), pages 681-690, December.
    4. Nicola Pontarollo & Mercy Orellana & Joselin Segovia, 2020. "The Determinants of Subjective Well-Being in a Developing Country: The Ecuadorian Case," Journal of Happiness Studies, Springer, vol. 21(8), pages 3007-3035, December.
    5. Grace Carolina Guevara-Rosero & Andrea Gabriela Bonilla-Bolaños, 2021. "Non-pecuniary Effects of Migration Inflows to Ecuador: Is Residents’ Life Satisfaction Affected?," Journal of International Migration and Integration, Springer, vol. 22(4), pages 1243-1270, December.

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    More about this item

    Keywords

    Subjective well-being; Poverty evaluation; Socio-economic indicators; Economic perspective;
    All these keywords.

    JEL classification:

    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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