Influences of Governance and Economic Development Level on Happiness in High Income Asian and European Countries

Muhammad Asraf, Bin Abdullah and Kueh, Jerome Siew Hui and Audrey, Liwan and Rosita, Binti Hamdan and Chan, Catherine Bao Hui (2018) Influences of Governance and Economic Development Level on Happiness in High Income Asian and European Countries. Global Economy and Finance Journal, 11 (1). pp. 31-41. ISSN 1834-5891

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Abstract

This study explores the relationship between governance and human development indicators with happiness using the panel data fixed effect and random effect estimation approach. Findings from the study stress on the importance of good governance in influencing life satisfaction. In a way, good governance stimulates happiness in a positive manner. Governments in developed countries in Asia and Europe may increase happiness and promote equality through enhancements in the quality of governance. This can be done by ensuring good practices in managing the economy and resources of the country. However, the relationship between the economic development level and happiness is inconclusive and insignificant

Item Type: E-Article
Uncontrolled Keywords: Governance, Human Development Index, Happiness, Subjective Wellbeing, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, , research, Universiti Malaysia Sarawak.
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Depositing User: Gani
Date Deposited: 10 Oct 2018 06:50
Last Modified: 19 Jun 2019 00:36
URI: http://ir.unimas.my/id/eprint/21958

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