This paper discusses the role of relational goods and television viewing for individual happiness. Using individual data from the World Values Survey, we find evidence of a positive effect of rela- tionality on life satisfaction, and a negative effect of television viewing on relational activities. Both relationships are strongly significant and robust to the use of alternative indicators of relationality. The results are also robust to estimation by instrumental variables to deal with possible simultaneity. We interpret these findings as an indication that the pervasive and increasing role of television viewing in contem- porary society, through its crowding out effect on relational activities, contributes to the explanation of the income-happiness paradox.
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Paper provided by University of Milano-Bicocca, Department of Economics in its series Working Papers with number
90.
Find related papers by JEL classification: A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare
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Stephan Meier & Alois Stutzer, 2008.
"Is Volunteering Rewarding in Itself?,"
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Antoci, Angelo & Sabatini, Fabio & Sodini, Mauro, 2009.
"The fragility of social capital,"
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