The Impact of Economic Freedom on Creating Happiness and Inequality: International Evidences

South Asian Journal of Social Studies and Economics

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Field Value
 
Title The Impact of Economic Freedom on Creating Happiness and Inequality: International Evidences
 
Creator Roka, Debraj
 
Description It is remaining a big question in happiness economics, what is the common motto of human beings? What human beings want to achieve? Are these, money, good job, position, power, peace, good living condition, good health, good family, good environment and what others? All researchers from different disciplines are investigating to solve this economic problem and Most of the researchers agreed that happiness is the common aim of everyone in the world. The paper entitled “Does Economic Freedom Create Happiness or Inequality?” is estimated the effect of economic freedom on happiness by using other control variables like Gross Domestic Product growth, per capita and inequality. The paper analyzed the panel data covering 120 countries from 2008 to 2016. The fixed and random effect, the Generalized Least Squares, First in Difference and Linear Dynamic Panel Data/generalized method of moments estimation method are applied as the econometric strategies in this paper. The results found that the statistically significant and strong linear positive association between economic freedom and happiness in overall sampled countries and also found the positive linear association between income with happiness and a negative association between economic freedom and inequality and inequality and happiness.
 
Publisher South Asian Journal of Social Studies and Economics
 
Date 2020-04-16
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://journalsajsse.com/index.php/SAJSSE/article/view/30163
10.9734/sajsse/2020/v6i230163
 
Source South Asian Journal of Social Studies and Economics; 2020 - Volume 6 [Issue 2]; 35-50
2581-821X
 
Language eng
 
Relation https://journalsajsse.com/index.php/SAJSSE/article/view/30163/56597
https://journalsajsse.com/index.php/SAJSSE/article/view/30163/56598
 
Rights Copyright (c) 2020 © 2020 Roka; This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
 

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