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• W1992307575 startingPage "276" @default.
• W1992307575 abstract "Abstract The pursuit of high economic growth is considered desirable as it generates an increase in a nation's wealth, income, employment and output. The rising income should enable consumers to purchase more goods and services, which in turn should result in enhanced utility and subjective happiness. Empirical studies suggest that higher income resulting from high rates of economic growth contribute to poverty alleviation and life satisfaction in low income countries. Higher income raises the happiness of the poor. In developed countries, higher income does not seem to “buy” higher happiness, once a threshold level of income is reached. This exploratory study seeks to examine the quantitative and qualitative sources of happiness. A higher absolute level of income is found to be significantly related to subjective happiness. Among the non‐income factors, family togetherness, a good working environment and a higher level of education can contribute to making people happier. Happiness thus involves more than just economic growth and income." @default.
• W1992307575 created "2016-06-24" @default.
• W1992307575 creator A5015651941 @default.
• W1992307575 creator A5037420555 @default.
• W1992307575 date "2008-06-01" @default.
• W1992307575 modified "2023-10-18" @default.
• W1992307575 title "ECONOMIC GROWTH, INCOME AND HAPPINESS: AN EXPLORATORY STUDY" @default.
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• W1992307575 doi "https://doi.org/10.1111/j.1813-6982.2008.00181.x" @default.
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