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A Note On The Measurement Of The Relationship Between Happiness And Gdp

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  • Heijman, Wim
  • van Ophem, Johan
  • van Logtestijn, Job

Abstract

This research note compares the results of the measurement of the relationship between happiness and GDP in the EU based upon unweighted data with the results based upon weighted data. The data are weighted in order to correct for the different sizes of the populations in the EU countries concerned. The result of the weighing is an even stronger relationship between happiness and GDP per capita than in the case with unweighted data.

Suggested Citation

  • Heijman, Wim & van Ophem, Johan & van Logtestijn, Job, 2016. "A Note On The Measurement Of The Relationship Between Happiness And Gdp," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 10(2-3), pages 1-4, October.
    • Handle: RePEc:ags:apstra:250227
    DOI: 10.22004/ag.econ.250227
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    References listed on IDEAS

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    1. Carol Graham, 2005. "Insights on Development from the Economics of Happiness," The World Bank Research Observer, World Bank, vol. 20(2), pages 201-231.
    2. Paul Frijters & John P. Haisken-DeNew & Michael A. Shields, 2004. "Money Does Matter! Evidence from Increasing Real Income and Life Satisfaction in East Germany Following Reunification," American Economic Review, American Economic Association, vol. 94(3), pages 730-740, June.
    3. Carol Graham & Stefano Pettinato, 2001. "Happiness, Markets, and Democracy: Latin America in Comparative Perspective," Journal of Happiness Studies, Springer, vol. 2(3), pages 237-268, September.
    4. Ed Diener & Ed Sandvik & Larry Seidlitz & Marissa Diener, 1993. "The relationship between income and subjective well-being: Relative or absolute?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 28(3), pages 195-223, March.
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