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

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

研究成果: Conference contribution

摘要

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.

原文English
主出版物標題Proceedings of 2015 International Conference on Orange Technologies, ICOT 2015
發行者Institute of Electrical and Electronics Engineers Inc.
頁面83-87
頁數5
ISBN(電子)9781467382373
DOIs
出版狀態Published - 2016 六月 22
事件3rd International Conference on Orange Technologies, ICOT 2015 - Hong Kong, Hong Kong
持續時間: 2015 十二月 192015 十二月 22

出版系列

名字Proceedings of 2015 International Conference on Orange Technologies, ICOT 2015

Other

Other3rd International Conference on Orange Technologies, ICOT 2015
國家Hong Kong
城市Hong Kong
期間15-12-1915-12-22

All Science Journal Classification (ASJC) codes

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

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  • 引用此

    Hsieh, W-J., Chen-Heng Yang, B., & Huang, J. J. (2016). The pursuit of happiness: An empirical study of BLI of OECD countries. 於 Proceedings of 2015 International Conference on Orange Technologies, ICOT 2015 (頁 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