ECONOMIC GROWTH AND HAPPINESS: A CROSS-NATIONS PATH ANALYSIS MODEL

Muchdie, Muchdie (2017) ECONOMIC GROWTH AND HAPPINESS: A CROSS-NATIONS PATH ANALYSIS MODEL. International Journal Of Science and Research (IJSR), 6 (1). pp. 1899-1908. ISSN 2319-7064

Preview

Text IJSR-ART20164527 Economic Growth and Happiness.pdf Download (959kB) | Preview

Abstract

This paper directly and indirectly examines the impact of economic growth on happiness, with human development as
moderator variable. Cross-nations data on economic growth, human development, and happiness indices were collected from 124
countries and employed in a path analysis model. The results show that economic growth had a direct negative and significant impact
on both happiness and human development. Meanwhile, human development had a positive and significant direct impact on happiness.
Indirectly, through moderator variable human development, economic growth again had a negative and significant impact on
happiness. An implication of this finding was that economic growth is no longer a single important factor of a development indicator. It
is then suggested that human development, rather than economic growth, sustainably be promoted in order to make everyone always
feels happy

Item Type:	Article
Subjects:	H Social Sciences > HB Economic Theory
Depositing User:	admin repository uhamka
Date Deposited:	01 Feb 2017 04:36
Last Modified:	01 Feb 2017 04:37
URI:	http://repository.uhamka.ac.id/id/eprint/153

Actions (login required)

View Item