The pursuit of happiness: An empirical study of BLI of OECD countries

Wen-Jen Hsieh, Benny Chen-Heng Yang, Jun Jen Huang

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This paper explores the determinants of the scores of Better Life Index (BLI) of the OECD member countries. The fixed effects model is adopted, by employing the income and its distribution, and gender gap index (GGI), for the period of 2011 to 2015, to explain the variations of the BLI. The estimated results of all the three groups - 34 members of the OECD and the two subsets of the six transition economies (TR) and the 28 non-transition countries (NTR) - show that the estimated coefficients of all explanatory variables are significant at least in some models. A decrease in GGI (under par) and/or an increases in Gini coefficient could deteriorate BLI as expected; while the increase in GDP per capita (at PPP) and/or its quadratic form don't have significant impact in transition economies. It may be associated with some sentimental feelings of relative changes in socioeconomic status generated by economic reforms. These findings indicate that the inequalities in gender and income distribution play a crucial role in affecting BLI in both transition and non-transition economies. Hence, policies to mitigate income and gender inequalities should be emphasized to improve wellbeing and pursue happiness for most of the OECD countries.

Original languageEnglish
Title of host publicationProceedings of 2015 International Conference on Orange Technologies, ICOT 2015
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages83-87
Number of pages5
ISBN (Electronic)9781467382373
DOIs
Publication statusPublished - 2016 Jun 22
Event3rd International Conference on Orange Technologies, ICOT 2015 - Hong Kong, Hong Kong
Duration: 2015 Dec 192015 Dec 22

Publication series

NameProceedings of 2015 International Conference on Orange Technologies, ICOT 2015

Other

Other3rd International Conference on Orange Technologies, ICOT 2015
CountryHong Kong
CityHong Kong
Period15-12-1915-12-22

Fingerprint

Happiness
Economics
Social Class
Emotions
Organisation for Economic Co-Operation and Development

All Science Journal Classification (ASJC) codes

  • Computer Vision and Pattern Recognition
  • Social Psychology
  • Artificial Intelligence
  • Computer Networks and Communications

Cite this

Hsieh, W-J., Chen-Heng Yang, B., & Huang, J. J. (2016). The pursuit of happiness: An empirical study of BLI of OECD countries. In Proceedings of 2015 International Conference on Orange Technologies, ICOT 2015 (pp. 83-87). [7498481] (Proceedings of 2015 International Conference on Orange Technologies, ICOT 2015). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ICOT.2015.7498481
Hsieh, Wen-Jen ; Chen-Heng Yang, Benny ; Huang, Jun Jen. / The pursuit of happiness : An empirical study of BLI of OECD countries. Proceedings of 2015 International Conference on Orange Technologies, ICOT 2015. Institute of Electrical and Electronics Engineers Inc., 2016. pp. 83-87 (Proceedings of 2015 International Conference on Orange Technologies, ICOT 2015).
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Hsieh, W-J, Chen-Heng Yang, B & Huang, JJ 2016, The pursuit of happiness: An empirical study of BLI of OECD countries. in Proceedings of 2015 International Conference on Orange Technologies, ICOT 2015., 7498481, Proceedings of 2015 International Conference on Orange Technologies, ICOT 2015, Institute of Electrical and Electronics Engineers Inc., pp. 83-87, 3rd International Conference on Orange Technologies, ICOT 2015, Hong Kong, Hong Kong, 15-12-19. https://doi.org/10.1109/ICOT.2015.7498481

The pursuit of happiness : An empirical study of BLI of OECD countries. / Hsieh, Wen-Jen; Chen-Heng Yang, Benny; Huang, Jun Jen.

Proceedings of 2015 International Conference on Orange Technologies, ICOT 2015. Institute of Electrical and Electronics Engineers Inc., 2016. p. 83-87 7498481 (Proceedings of 2015 International Conference on Orange Technologies, ICOT 2015).

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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Hsieh W-J, Chen-Heng Yang B, Huang JJ. The pursuit of happiness: An empirical study of BLI of OECD countries. In Proceedings of 2015 International Conference on Orange Technologies, ICOT 2015. Institute of Electrical and Electronics Engineers Inc. 2016. p. 83-87. 7498481. (Proceedings of 2015 International Conference on Orange Technologies, ICOT 2015). https://doi.org/10.1109/ICOT.2015.7498481