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Investigating Macroeconomic Determinants of Happiness in Transition Countries

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  • Lena Malesevic Perovic
  • Sivia Golem

Abstract

This paper combines the data from surveys about happiness and macroeconomic data and analyzes the effects of macroeconomic variables on self-reported happiness in transition countries, focusing particularly on the impact of government size in the economy. We use the international data on the reported happiness levels of thousands of individuals and find that government expenditure as a percentage of gross domestic product positively and significantly influences happiness in a set of thirteen transition countries.

Suggested Citation

  • Lena Malesevic Perovic & Sivia Golem, 2010. "Investigating Macroeconomic Determinants of Happiness in Transition Countries," Eastern European Economics, Taylor & Francis Journals, vol. 48(4), pages 59-75, January.
    • Handle: RePEc:mes:eaeuec:v:48:y:2010:i:4:p:59-75
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    Cited by:

    1. Livani, Talajeh & Graham, Carol, 2019. "Do social protection programs improve life satisfaction? Evidence from Iraq," World Development Perspectives, Elsevier, vol. 16(C).
    2. Kamal Kasmaoui & Othmane Bourhaba, 2017. "Happiness and Public Expenditure: Evidence from a Panel Analysis," Working papers of CATT hal-02625987, HAL.
    3. Ümİt Acar & Abdullah Tİrgİl, 2023. "Public expenditures and life satisfaction: Evidence from Turkey," The Developing Economies, Institute of Developing Economies, vol. 61(1), pages 36-56, March.
    4. Alin I. Florea & Steven B. Caudill, 2014. "Happiness, religion and economic transition," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 22(1), pages 1-12, January.
    5. Chang Beum Kwon, 2022. "The Effect of Defense Spending on Subjective Well-Being: Cross-Country Evidence," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 17(4), pages 1961-1989, August.
    6. Cristina Bernini & Silvia Emili & Federica Galli, 2021. "Does urbanization matter in the expenditure‐happiness nexus?," Papers in Regional Science, Wiley Blackwell, vol. 100(6), pages 1403-1428, December.
    7. Krzysztof Drachal & Daniel González Cortés, 2022. "Estimation of Lockdowns’ Impact on Well-Being in Selected Countries: An Application of Novel Bayesian Methods and Google Search Queries Data," IJERPH, MDPI, vol. 20(1), pages 1-24, December.
    8. Nadir Preziosi, 2013. "Life is Getting Worse in ESS Data: Is This Due to Micro or Macro Factors?," Bruges European Economic Research Papers 28, European Economic Studies Department, College of Europe.

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