IDEAS home Printed from https://ideas.repec.org/a/ags/jrapmc/293619.html
   My bibliography  Save this article

Economic Freedom and Emotional Well-Being

Author

Listed:
  • Nikolaev, Boris
  • Bennett, Daniel L.

Abstract

We explore the relationship between emotional well-being and economic freedom. Us-ing data for a sample of 12 countries from wave 2 of the World Value Survey (WVS) and the Economic Freedom of the World (EFW) index, we find that people living in more economi-cally free societies are more likely to report the presence of positive affect and absence of neg-ative affect. Specifically, people who live in countries with greater economic freedom are more likely to report feeling excited, accomplished, and on the top of the world. At the same time, they are less likely to report feeling pride, restlessness, loneliness, boredom, and being upset. These results are consistent with previous studies that find a positive association be-tween economic freedom and life satisfaction.

Suggested Citation

  • Nikolaev, Boris & Bennett, Daniel L., 2017. "Economic Freedom and Emotional Well-Being," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 47(1).
  • Handle: RePEc:ags:jrapmc:293619
    DOI: 10.22004/ag.econ.293619
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/293619/files/jrap_v47_n1_a7_nikolaev_bennett.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.293619?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Boris Nikolaev & Daniel L. Bennett, 2020. "Has Economic Growth Made Americans Better Off despite Rising Income Inequality? Evidence from Subjective Well-Being Data," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 35(Fall 2020), pages 63-92.
    2. Daniel L. Bennett, 2021. "Local economic freedom and creative destruction in America," Small Business Economics, Springer, vol. 56(1), pages 333-353, January.
    3. Johan Graafland, 2020. "When Does Economic Freedom Promote Well Being? On the Moderating Role of Long-Term Orientation," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 149(1), pages 127-153, May.
    4. Jeremy Horpedahl & Jeremy Jackson & David Mitchell, 2019. "Is Economic Freedom the Hidden Path to Social Justice?," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 34(Winter 20), pages 55-74.
    5. Richard J. Cebula, 2024. "The Tiebout-Tullock hypothesis re-examined using tax freedom measures: the case of post-Great Recession state-level gross in-migration," Public Choice, Springer, vol. 199(1), pages 65-81, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:jrapmc:293619. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/mcrsaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.