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Does Political Orientation Affect Happiness? The Case of South Korea

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  • Yunmi Kim

    (Univ of Seoul)

  • Sang-Wook Lee

    (Yonsei Univ)

  • Tae-Hwan Kim

    (Yonsei Univ)

Abstract

It is well known that in the US, conservatives are happier than liberals. The first empirical evidence for such a happiness gap between the two political groups was presented in 2006, and many subsequent studies have confirmed the finding consistently. In this study, we investigated whether a similar finding can be observed in the case of the Republic of Korea. We attempted to make a statistical estimation of the effect of political orientation on happiness using a dataset called ‘Seoul Survey’, which provides information on the (i) happiness and (ii) political orientation of about 46,000 citizens living in Seoul, the capital of the Republic of Korea. By controlling for all relevant socio-economic characteristics of each individual in the survey dataset, we found that political orientation has a significant effect on the level of subjective well-being or happiness. In contrast to the results observed in the US, our regression results indicated that liberals are significantly happier than conservatives. We also attempted to interpret the happiness gap in terms of monetary value.

Suggested Citation

  • Yunmi Kim & Sang-Wook Lee & Tae-Hwan Kim, 2020. "Does Political Orientation Affect Happiness? The Case of South Korea," Working papers 2020rwp-163, Yonsei University, Yonsei Economics Research Institute.
    • Handle: RePEc:yon:wpaper:2020rwp-163
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    References listed on IDEAS

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    More about this item

    Keywords

    Political orientation; conservative; liberal; happiness; subjective well-being;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models

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