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Social capital and subjective happiness in Taiwan

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  • Wen-Chun Chang

Abstract

Purpose - The purpose of this paper is to test the theoretical predictions of the social capital investment model and examine the relationships between different forms of social capital and subjective happiness in Taiwan. Design/methodology/approach - This paper uses the data from the Findings - The findings are mostly consistent with the characteristics implied by the social capital investment model. Moreover, to some extent, the individual impacts of different measures of social capital – including contributions to non-profit organizations, volunteering, social and community involvement, and trust – on subjective happiness are identified. Practical implications - The results from this paper provide valuable policy implications for researchers and policymakers who are concerned about the impacts of changes of social structures and political institutions on people's well-being during democratic developments. Originality/value - Studies on the relationship between social capital and subjective happiness for the new democratic Asian societies have received much less attention. Since the late 1980s, Taiwan has experienced a political transition from an authoritarian to a democratic regime along with rapid economic development and further opening of society toward different individual beliefs, cultures, and global views. During this process, there have been various changes in the socio-cultural context of society that is critical for the formation of social capital. This paper is considered as one of very few studies on the linkage between social capital and subjective happiness for a new democratic society.

Suggested Citation

  • Wen-Chun Chang, 2009. "Social capital and subjective happiness in Taiwan," International Journal of Social Economics, Emerald Group Publishing, vol. 36(8), pages 844-868, July.
  • Handle: RePEc:eme:ijsepp:v:36:y:2009:i:8:p:844-868
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    References listed on IDEAS

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    1. J. Kornai, 2000. "Ten Years After "The Road to a Free Economy": The Author's Self-evaluation," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 12.
    2. Steve Pejovich, 2003. "Understanding the transaction costs of transition: it's the culture, stupid," ICER Working Papers 24-2003, ICER - International Centre for Economic Research.
    3. Greif, Avner, 1994. "Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 912-950, October.
    4. Schlicht, Ekkehart, 1998. "On Custom in the Economy," OUP Catalogue, Oxford University Press, number 9780198292241.
    5. Lin, Justin Yifu & Yang, Dennis Tao, 1998. "On the causes of China's agricultural crisis and the great leap famine," China Economic Review, Elsevier, vol. 9(2), pages 125-140.
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    Citations

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    Cited by:

    1. Anna Mironova, 2015. "Trust as a Factor of Subjective Life Satisfaction," HSE Working papers WP BRP 42/PSY/2015, National Research University Higher School of Economics.
    2. John F. Helliwell & Shun Wang & Jinwen Xu, 2016. "How Durable are Social Norms? Immigrant Trust and Generosity in 132 Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, pages 201-219.
    3. repec:eee:soceco:v:68:y:2017:i:c:p:62-78 is not listed on IDEAS
    4. Dave Webb & Janine Wong, 2014. "Exploring Antecedents of Charitable Giving and Their Impact on Subjective Well-Being in Singapore," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, pages 65-87.
    5. Chau-kiu Cheung & Joseph Yu-shek Cheng, 2016. "Resources and Norms as Conditions for Well-Being in Hong Kong," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, pages 757-775.
    6. repec:spr:soinre:v:132:y:2017:i:1:d:10.1007_s11205-015-1220-2 is not listed on IDEAS
    7. Edson Tandoc & Bruno Takahashi, 2013. "The Complex Road to Happiness: The Influence of Human Development, a Healthy Environment and a Free Press," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, pages 537-550.
    8. Chau-kiu Cheung & Lih-rong Wang & Raymond Chan, 2013. "Differential Impacts of Stressors on Sense of Belonging," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, pages 277-297.
    9. John F. Helliwell & Shun Wang, 2010. "Trust and Well-being," NBER Working Papers 15911, National Bureau of Economic Research, Inc.
    10. Nguyen Trung & Kimoon Cheong & Pham Nghi & Won Kim, 2013. "Relationship Between Socio-Economic Values and Wellbeing: An Overview Research in Asia," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, pages 453-472.

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