scholarly journals Impact Assessment of Macroeconomic Indicators on Happiness Level

2020 ◽  
Vol 17 (4) ◽  
pp. 760-769
Author(s):  
O. N. Antipina ◽  
◽  
A. D. Krivitskaya ◽  
Keyword(s):  
Academic Research ◽  
Well Being ◽  
Gdp Per Capita ◽  
Subjective Well Being ◽  
Negative Consequences ◽  
Macroeconomic Indicators ◽  
Negative Effect ◽  
Per Capita ◽  
Econometric Approach ◽  
The Impact

This paper studies the effects of objective macroeconomic indicators on measures of subjective well-being. This issue is central to the economics of happiness as a modern academic research discipline. The article provides an econometric approach to identifying the impact of changes in macroeconomic indicators on the reported level of happiness. We used models on panel data for 163 countries for the period from 2005 to 2019. The results of modeling showed that GDP per capita has a significant positive effect while unemployment and inflation, a significant negative effect on happiness. Our quantitative results show that unemployment depresses the reported level of happiness more than inflation does. Our research complements a number of macroeconomic studies in the field of public and subjective well-being: it focuses on links between the reported level of happiness and GDP per capita and determines social and economic costs of unemployment and inflation. These studies are of particular importance in the context of digitalization of the economy and the negative consequences of the COVID-19 pandemic.

scholarly journals Non-Price Criteria for the Evaluation of the Tender Offers in Public Procurement of Ukraine

2020 ◽  
Vol 8 (3) ◽  
pp. 44
Author(s):  
Alexander Baranovsky ◽  
Nataliia Tkachenko ◽  
Vladimer Glonti ◽  
Valentyna Levchenko ◽  
Kateryna Bogatyrova ◽  
...  
Keyword(s):  
Public Procurement ◽  
Well Being ◽  
Gdp Per Capita ◽  
Tender Offers ◽  
Product Categories ◽  
Per Capita ◽  
The Government ◽  
The Impact ◽  
Over Time ◽  
The Eu

Traditionally, public procurement has been associated with the measurement of achieving savings. However, recent research shows that the economic impact of public procurement is not limited only to savings, but by measuring the impact of four capitals—natural, human, social, and economic—on sustainable well-being over time. Ukraine is a country with a very low gross domestic product (GDP) per capita, which exacerbates the problem of the impact of public procurement results on the population’s welfare. Ukrainian public procurement legislation allows customers to apply non-price criteria (the share of non-price criteria cannot be more than 70%), which, together, are taken into account in the formula of the quoted price. The studies show that the effect of the use of non-price criteria depends on the relevance of the method of the evaluation of non-price criteria. The most important non-price criteria for Ukrainian customers by product categories and the methods of their evaluation are analyzed according to the Bi.prozorro.org analytics module. Therefore, it is concluded that the quoted price method, which is used in Ukrainian practice, is not relevant in comparison with the method used in the EU. A survey of the government buyers on the practice of applying non-price criteria was conducted, and the areas of their use were identified.

scholarly journals Does the Credit Cycle Have an Impact on Happiness?

2019 ◽  
Vol 17 (1) ◽  
pp. 183 ◽  
Author(s):  
Tinghui Li ◽  
Junhao Zhong ◽  
Mark Xu
Keyword(s):  
Fixed Effects ◽  
Well Being ◽  
Gdp Per Capita ◽  
Subjective Well Being ◽  
Fixed Effects Model ◽  
Credit Expansion ◽  
Transmission Channels ◽  
Credit Cycle ◽  
Per Capita ◽  
The Relationship

The 2008 international financial crisis triggered a heated discussion of the relationship between public health and the economic environment. We test the relationship between the credit cycle and happiness using the fixed effects model and explore the transmission channels between them by adding the moderating effect. The results show the following empirical regularities. First, the credit cycle has a negative correlation with happiness. This means that credit growth will reduce the overall happiness score in a country/region. Second, the transmission channels between the credit cycle and happiness are different during credit expansion and recession. Life expectancy and generosity can moderate the relationship between the credit cycle and happiness only during credit expansion. GDP per capita can moderate this relationship only during credit recession. Social support, freedom, and positive affect can moderate this relationship throughout the credit cycle. Third, the total impact of the credit cycle on happiness will become positive by the changes in the moderating effects. In general, we can improve subjective well-being if one of the following five conditions holds: (1) with the adequate support from the family and society, (2) with enough freedom, (3) with social generosity, (4) with a positive and optimistic outlook, and (5) with a high level of GDP per capita.

scholarly journals Dampak Kebijakan Tarif dan Non-tarif Negara-Negara Importir atas Ekspor Tuna Olahan Indonesia

2021 ◽  
Vol 26 (3) ◽  
pp. 468-478
Author(s):  
Maharani Tristi ◽  
Harianto Harianto ◽  
Amzul Rifin
Keyword(s):  
Exchange Rates ◽  
Export Performance ◽  
Gdp Per Capita ◽  
Cross Sectional ◽  
Export Prices ◽  
Economic Distance ◽  
Negative Effect ◽  
Per Capita ◽  
Actual Exchange ◽  
The Impact

This study aims to analyze the impact of the tariff and non-tariff policies implementation of the importing countries on the export performance of Indonesian processed tuna. A cross-sectional gravity model analysis was conducted to find out the impact of these policies on exports. The variables used include GDP per capita of the importing countries, population, economic distance, export prices, actual exchange rates, tariff policies, and non-tariff policies in the form of sanitary and phytosanitary (SPS) and technical barriers to trade (TBT). The estimation shows that the variables of GDP per capita of the importing countries, population, exchange rates, export prices, and SPS give a positive and significant effect on the trade of Indonesian processed tuna commodities. On the other hand, economic distance and TBT policy give a negative and significant impact on the volume of this particular commodity. Meanwhile, the tariff policy implementation also give a negative effect on the export volume, but it is not significant.   Keywords: cross sectional gravity, export performance, non-tariffs, tariffs

scholarly journals The Negative Effect of Job Insecurity in the Virtuous Cycle Between Trust in the Organization, Subjective Well-Being, and Task Performance in the Current Volatility, Uncertainty, Complexity, and Ambiguity Context

2021 ◽  
Vol 12 ◽  
Author(s):  
Živilė Stankevičiūtė ◽  
M. Isabel Sanchez-Hernandez ◽  
Eglė Staniškienė
Keyword(s):  
Task Performance ◽  
Negative Impact ◽  
Job Insecurity ◽  
Employee Performance ◽  
Well Being ◽  
General Assumption ◽  
Subjective Well Being ◽  
Negative Consequences ◽  
The Impact ◽  
And Task

Over the past decade, job insecurity referring to the employees’ perceived threat to the continuity and stability of employment as it is currently experienced has become a hot topic. A general assumption, supported by the findings, is that job insecurity causes far-reaching negative consequences for the employee health and well-being, attitudes toward organization and the job, and behaviors at work. However, the focus on behavioral outcomes, especially on employee performance at work, is still scant. Moreover, the literature remains fragmented concerning the impact of job insecurity on employee trust in the organization and how the trust influences employee subjective well-being (SWB), which in turn affects employee performance. Consequently, the link between job insecurity and SWB needs more investigation. Trying to narrow the gap, the paper aims at revealing the linkage between job insecurity, trust in the organization, SWB, and task performance. Quantitative data were collected in Lithuania. As predicted, the results revealed that job insecurity had a negative impact on trust in the organization and employee SWB. In case of linkage between job insecurity and task performance, the hypothesis was rejected. In general, these findings affirmed that job insecurity was a hindrance stressor, which needed to be considered when managing human resources in the current volatility, uncertainty, complexity, and ambiguity context.

scholarly journals Impact of COVID-19 Pandemic on the Psychological Status of Palestinian Adults in the West Bank, Palestine; A Cross Sectional Study

2020 ◽  
Author(s):  
Imad T Asmar ◽  
Nimeh Al-Shami ◽  
Areefa A Karsh ◽  
Fuad A AlFayyah ◽  
Ro’a M Dagher ◽  
...  
Keyword(s):  
Health Care ◽  
Well Being ◽  
Cross Sectional Study ◽  
Psychological Status ◽  
Negative Consequences ◽  
Sectional Study ◽  
Cross Sectional ◽  
Negative Effect ◽  
On Line ◽  
The Impact

Abstract Coronavirus Disease 2019 (COVID-19) caused by a strain of SARS– CoV2. A lot of ministries chose mass lockdown protocol as a way to control the virus spread. One of the lockdown negative consequences is the impact of psychological status which includes a sense of boredom, confusion., psychological stress, anxiety, depression and physical effects. The purpose of this study was to assess and evaluate the effect of COVID-19 pandemic on the psychological status for Palestinian adults, and to establish recommendations in order to promote and maintain psychological well-being during this pandemic. A cross-sectional study was conducted among Palestinian adults, 739 participant with mean age 31.76 filled the on-line questionnaire. Around one-third of respondents revealed having many signs of anxiety and around 42% of respondents expressed having many depression signs. Females were significantly more likely to have many depression signs, while health care workers, those who deal directly with confirmed cases of Covid-19 and who assist in providing health care for a diagnosed Covid-19 patient were significantly less likely to have many depression signs compared to others. Regarding the participants’ income, those with increased income were significantly more likely to have almost no signs of depression compared to others. However, COVID-19 pandemic has a negative effect on the mental status, the majority of participants have signs of anxiety and depression

FCTC Ratification, Smoking Prevalence and GDP per Capita : Lesson Learn for Indonesia

2021 ◽  
Author(s):  
Abdillah Ahsan ◽  
Rifai Afin ◽  
Nadira Amalia ◽  
Martha Hindriyani ◽  
Ardhini Risfa Jacinda
Keyword(s):  
Tobacco Control ◽  
Smoking Prevalence ◽  
Tobacco Industry ◽  
Well Being ◽  
Least Square ◽  
Gdp Per Capita ◽  
Country Level ◽  
Per Capita ◽  
The Government ◽  
The Impact

Abstract Background The stagnated tobacco control progress in Indonesia needs to be accelerated through a more comprehensive implementation of Framework Convention of Tobacco Control (FCTC) measurement. Nevertheless, the tobacco industry argument concerning the negative economic impacts of tobacco control still hinders the government to ratify or even sign the FCTC, which has been ratified by more than 180 countries. This study aims to bring the empirical evidence on the tobacco industry argument concerning FCTC. This study applied two stage least square estimation strategy to unbalanced panel data at country level. On the first stage we estimate the impact FCTC ratification on smoking activity, and on the second step, estimating the influence of smoking activities on macroeconomic performance.Results The result of this study shows that FCTC ratification is negatively related to a country’s smoking prevalence, in which the ratifying party of FCTC has lower smoking prevalence. Moreover, country who ratifies FCTC longer is also associated with lower smoking prevalence. Whereas FCTC ratification is beneficial in reducing smoking prevalence, the declining smoking prevalence is not related to the decline in GDP per capita.Conclusions The result of this study shows the decrease in smoking prevalence has nothing to do with the macroeconomic indicator. Hence, FCTC ratification, which is an important driver for tobacco control actions acceleration, should not be seen as a backfire to the economy. Instead, FCTC ratification could be mutually beneficial for the health and economic aspects as it provides comprehensive guidance and protocols by taking into account the well-being states of both aspects.

scholarly journals Subjective Well-Being Scarring through Unemployment: New Methods, New Results?

2021 ◽  
Author(s):  
Andreas Eberl ◽  
Matthias Collischon ◽  
Tobias Wolbring
Keyword(s):  
Well Being ◽  
Policy Implications ◽  
Subjective Well Being ◽  
Negative Consequences ◽  
Negative Effects ◽  
Negative Effect ◽  
Short And Long Term ◽  
Unemployment Spells ◽  
Scarring Effects

Scarring effects of unemployment on subjective well-being (SWB), i.e., negative effects that remain even after workers reenter employment, are well documented in the literature. Nevertheless, the theoretical mechanisms by which unemployment leads to long-lasting negative consequences for SWB are still under debate. Thus, we theorize that unemployment can have an enduring impact mainly through (i) the experience of unemployment as an incisive life event that, for example, affects health and (ii) unemployment as a driver of future unemployment. Using advanced longitudinal modeling that controls for group-specific trends, we estimate SWB scarring through unemployment using German panel data from the Socio-Economic Panel (SOEP). Our results consistently show a large negative effect of unemployment on SWB as well as significant lasting scarring effects (for both men and women as well as for short- and long-term unemployment spells). Further analyses reveal that repeated periods of unemployment drive these effects, implying that there are hardly any adaptations to unemployment that buffer its effect on SWB. We conclude that scarring effects through unemployment mainly work through unemployment increasing the probability of future unemployment. Regarding policy implications, our findings suggest that preventing unemployment, regardless of its duration, is beneficial for individual well-being.

scholarly journals The Impact of Income Inequality on Subjective Environmental Pollution: Individual Evidence from China

2021 ◽  
Vol 18 (15) ◽  
pp. 8090
Author(s):  
Baoxi Li ◽  
De Xiao
Keyword(s):  
Income Inequality ◽  
Environmental Pollution ◽  
Well Being ◽  
Shape Effect ◽  
Subjective Well Being ◽  
Environmental Attitude ◽  
Individual Level ◽  
Negative Effect ◽  
The Individual ◽  
The Impact

Numerous studies have investigated the relationship between income inequality and objective environmental pollution, but few focus on the nexus between income inequality and subjective environmental pollution (SEP). Using micro data from the Chinese General Society Survey (CGSS) in 2013 and official statistical data at the provincial level, this paper tests the impact of individual-level income inequality on subjective environmental pollution in China. The results show that individual-level income inequality has an inverted U-shape relationship with subjective environmental pollution, which indicates that increasing the income inequality at the individual level will first rise and then reduce their perceived subjective environmental pollution after reaching the peak. For about 84% of respondents, their subjective environmental pollution decreases with the increase of individual-level income inequality. Furthermore, the heterogeneity analyses show that the income inequality of urban residents and of the locals have an inverted U-shape effect on SEP, and the SEP of females and of individuals with positive environmental attitude are more sensitive to the effect of income inequality. Additionally, we find that subjective well-being plays a mediating role in the relation between income inequality and SEP. Individual income inequality decreases their self-reported well-being, and an increase in well-being has a negative effect on their subjectively perceived environmental quality. We also find non-television media exposures, such as newspaper, magazine, broadcasting, Internet, and mobile custom messages, will amplify the effect of individual-level income inequality on subjective environmental pollution.

scholarly journals Corruption and economic growth in Croatia

2017 ◽  
Vol 1 (2) ◽  
Author(s):  
Damir Piplica ◽  
Petar Čovo
Keyword(s):  
Economic Growth ◽  
Negative Impact ◽  
Measuring Method ◽  
Gdp Per Capita ◽  
Social Phenomena ◽  
Macroeconomic Indicators ◽  
Per Capita ◽  
The One ◽  
High Level ◽  
The Impact

Today, more and more authors are involved in researching the economic phenomenon of corruption and its impact on many macroeconomic indicators. Nevertheless, transitional surroundings have offered a unique opportunity in history to explore the relationship between corruption and economic growth in entirely different environment from the one in developed western economies. Researching of, at first sight, two unrelated social phenomena gave additional light on the causes of economic growth in Croatia. The researching paper also gives Croatian position among ten transition EU member countries. The corruption perception index was used as the best measuring method of corruption in Croatia and other countries while economic growth was measured by GDP per capita instead of growth rates. We explained reasons why we did so. The time period covered by the research was from 1999 to 2009 for Croatia and from 1995 to 2009 for ten transition EU member countries. Total of 137 cases were evaluated. The researching paper demonstrates the negative impact of corruption on economic growth where the strength of its influence is relatively obvious. It is also evident that the impact of corruption on economic growth is substantially a direct one and that it takes place without a significant time delay. Results for the period of research related to Croatia, more closely fit the observed data of other transition countries. Corruption could be an additional explanation (certainly not the only one) for low or high level of GDP per capita in Croatia. Misunderstanding of all the factors that encourage the economic growth may lead to macroeconomic structural misbalances in Croatian economy. 

scholarly journals Uncertainty about the impact of social decisions increases prosocial behavior

2018 ◽  
Author(s):  
Andreas Kappes ◽  
Anne-Marie Nussberger ◽  
Nadira Sophie Faber ◽  
Guy Kahane ◽  
Julian Savulescu ◽  
...  
Keyword(s):  
Infectious Disease ◽  
Prosocial Behavior ◽  
Social Life ◽  
Past Research ◽  
Well Being ◽  
Negative Consequences ◽  
Economic Decisions ◽  
Social Decisions ◽  
Negative Effect ◽  
The Impact

Uncertainty about how our choices will affect others infuses social life. Past research suggests uncertainty has a negative effect on prosocial behavior by enabling people to adopt self-serving narratives about their actions. We show that uncertainty does not always promote selfishness. We introduce a distinction between two types of uncertainty that have opposite effects on prosocial behavior. Previous work focused on outcome uncertainty: uncertainty about whether or not a decision will lead to a particular outcome. But as soon as people’s decisions might have negative consequences for others, there is also impact uncertainty: uncertainty about how badly others’ well-being will be impacted by the negative outcome. Consistent with past research, we found decreased prosocial behavior under outcome uncertainty. In contrast, prosocial behavior was increased under impact uncertainty in incentivized economic decisions and hypothetical decisions about infectious disease threats. Perceptions of social norms paralleled the behavioral effects. The effect of impact uncertainty on prosocial behavior did not depend on the individuation of others or the mere mention of harm, and was stronger when impact uncertainty was made more salient. Our findings offer insights into communicating uncertainty, especially in contexts where prosocial behavior is paramount, such as responding to infectious disease threats.

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