|
|
|
|
||||
|
||||
Technological Affluence and Subjective Well-BeingGeorgios KavetsosLondon School of Economics & Political Science (LSE) Pantelis KoutroumpisImperial College Business School; Columbia Institute for Tele-Information June 9, 2012 Journal of Economic Psychology, Vol. 32, No. 5, 2011 Abstract: This study measures the welfare effects of technological goods using a recent European pooled cross-sectional dataset. We find that fixed and mobile phones, music players and personal computers, including those with an Internet connection, are associated with significantly higher levels of well-being measured by individual self-reported life satisfaction. Further controlling for mobile and broadband country penetration levels, we provide evidence suggesting that the latter matters for life satisfaction, especially for the users who already possess the relevant devices. Keeping life satisfaction constant, we subsequently derive substantial GDP per capita estimates equivalent to a 10 percentage point increase in broadband and mobile phone penetration.
Keywords: Life Satisfaction, Happiness, Technology, Broadband JEL Classification: D60, H00, I31, L86, L96 Accepted Paper SeriesDate posted: January 31, 2011 ; Last revised: June 10, 2012Suggested CitationContact Information
|
|
||||||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo4 in 0.437 seconds
