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The effects of Economy, Values and Health on Happiness In Iran: the case of the Kish Island

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  • Torshizian, Eilya
  • Mehrara, Mohsen

Abstract

Increasing happiness of population as the ultimate goal has engaged economist’s interest in identifying, measuring and theorizing based on the amount of influence of effective components on happiness. What makes this paper remarkable in contrast to similar studies is its Islamic ideological structure of society and being a free economic zone. Method used to estimating happiness is Structural Equation Modeling (SEM) with latent variables. Results do not confirm presence of the Easterlin paradox in this society and moreover the religious variables are not significant.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 30085.

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Date of creation: 15 Mar 2011
Date of revision: 05 Apr 2011
Handle: RePEc:pra:mprapa:30085

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Keywords: Behavioral Economics; Economics of Happiness; Structural Equation Modeling (SEM) with latent variables; Subjective Well-Being;

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  1. Di Tella, R. & MacCulloch, R.J.: Oswald, A.J., 1997. "The Macroeconomics of Happiness," Papers 19, Centre for Economic Performance & Institute of Economics.
  2. Sonja Lyubomirsky & Heidi Lepper, 1999. "A Measure of Subjective Happiness: Preliminary Reliability and Construct Validation," Social Indicators Research, Springer, vol. 46(2), pages 137-155, February.
  3. Oswald, Andrew J, 1997. "Happiness and Economic Performance," Economic Journal, Royal Economic Society, vol. 107(445), pages 1815-31, November.
  4. Easterlin, Richard A., 1995. "Will raising the incomes of all increase the happiness of all?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(1), pages 35-47, June.
  5. 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.
  6. Kenny, Charles, 1999. "Does Growth Cause Happiness, or Does Happiness Cause Growth?," Kyklos, Wiley Blackwell, vol. 52(1), pages 3-25.
  7. Easterlin, Richard A. & Sawangfa, Onnicha, 2007. "Happiness and Domain Satisfaction: Theory and Evidence," IZA Discussion Papers 2584, Institute for the Study of Labor (IZA).
  8. Alois Stutzer & Rafael Lalive, 2004. "The Role of Social Work Norms in Job Searching and Subjective Well-Being," Journal of the European Economic Association, MIT Press, vol. 2(4), pages 696-719, 06.
  9. Mariano Rojas, 2006. "The Utility of Happiness Research in Economics," Journal of Happiness Studies, Springer, vol. 7(4), pages 523-529, November.
  10. Headey, Bruce & Muffels, Ruud & Wooden, Mark, 2004. "Money Doesn’t Buy Happiness… Or Does It? A Reconsideration Based on the Combined Effects of Wealth, Income and Consumption," IZA Discussion Papers 1218, Institute for the Study of Labor (IZA).
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