Does political orientation affect happiness? The case of South Korea

Q3 Economics, Econometrics and Finance

Applied Econometrics Pub Date : 2020-01-01 DOI:10.22394/1993-7601-2020-57-102-118

Yunmi Kim, Sang-Whi Lee, Tae-Hwan Kim

引用次数: 0

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 happiness and political orientation of about 46000 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.

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政治倾向会影响幸福感吗?以韩国为例

众所周知，在美国，保守派比自由派更幸福。两个政治团体之间存在这种幸福感差距的第一个实证证据是在2006年提出的，随后的许多研究都一致证实了这一发现。在这项研究中，我们调查了在韩国的情况下是否可以观察到类似的发现。我们试图使用一个名为“首尔调查”的数据集对政治取向对幸福感的影响进行统计估计，该数据集提供了居住在韩国首都首尔的约46000名公民的幸福感和政治取向的信息。通过控制调查数据集中每个人的所有相关社会经济特征，我们发现政治取向对主观幸福感或幸福感水平有显著影响。与在美国观察到的结果相反，我们的回归结果表明，自由派明显比保守派更快乐。我们还试图从货币价值的角度来解释幸福差距。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Applied Econometrics Economics, Econometrics and Finance-Economics, Econometrics and Finance (miscellaneous)

CiteScore

0.70

自引率

0.00%

发文量

期刊介绍： The Journal of Applied Econometrics is an international journal published bi-monthly, plus 1 additional issue (total 7 issues). It aims to publish articles of high quality dealing with the application of existing as well as new econometric techniques to a wide variety of problems in economics and related subjects, covering topics in measurement, estimation, testing, forecasting, and policy analysis. The emphasis is on the careful and rigorous application of econometric techniques and the appropriate interpretation of the results. The economic content of the articles is stressed. A special feature of the Journal is its emphasis on the replicability of results by other researchers. To achieve this aim, authors are expected to make available a complete set of the data used as well as any specialised computer programs employed through a readily accessible medium, preferably in a machine-readable form. The use of microcomputers in applied research and transferability of data is emphasised. The Journal also features occasional sections of short papers re-evaluating previously published papers. The intention of the Journal of Applied Econometrics is to provide an outlet for innovative, quantitative research in economics which cuts across areas of specialisation, involves transferable techniques, and is easily replicable by other researchers. Contributions that introduce statistical methods that are applicable to a variety of economic problems are actively encouraged. The Journal also aims to publish review and survey articles that make recent developments in the field of theoretical and applied econometrics more readily accessible to applied economists in general.