Analysis of the Relationship of Happiness to Economic Achievement and Other Factors in US States

International Journal of Work Organisation and Emotion, 10(1), 50-65, 2019

30 Pages Posted: 29 May 2020

See all articles by Murphy Smith

Murphy Smith

Texas A&M University-Corpus Christi-Department of Accounting

Kenneth Sutrick

Murray State University - College of Business

Solomon Antony

Murray State University - College of Business

Date Written: 2019

Abstract

Overall emotional well-being, notably happiness, has been the subject of numerous studies in psychology, business, and other disciplines. In this study, happiness, aka life satisfaction, is measured by people’s own personal assessment of happiness, not measured by “how happy people ought to be” based on “well-being” measures such as income or community amenities. The top ten happiest states, in order, are Louisiana (happiest), Hawaii, Florida, Tennessee, Arizona, Mississippi, Montana, South Carolina, Alabama, and Maine. The ten unhappiest states, in order, are New York (unhappiest), Connecticut, New Jersey, Michigan, Indiana, California, Illinois, Ohio, Massachusetts, and Rhode Island. The findings indicate that happier states on average are significantly more religious and more politically conservative. Findings show that the happier states had a significantly lower per capita GDP; thus, money does not buy happiness. Businesses can facilitate happiness among employees, by supporting work-life balance of employees, being parent-friendly, being marriage-friendly, and enabling employees to integrate their spiritual values in their job roles.

Keywords: Happiness, Subjective Well-Being, Life Satisfaction

JEL Classification: A13, I3, I15, M1

Suggested Citation

Smith, Murphy and Sutrick, Kenneth and Antony, Solomon, Analysis of the Relationship of Happiness to Economic Achievement and Other Factors in US States (2019). International Journal of Work Organisation and Emotion, 10(1), 50-65, 2019, Available at SSRN: https://ssrn.com/abstract=3590828 or http://dx.doi.org/10.2139/ssrn.3590828

Murphy Smith (Contact Author)

Texas A&M University-Corpus Christi-Department of Accounting ( email )

6300 Ocean Dr
Corpus Christi, TX 78412
United States

Kenneth Sutrick

Murray State University - College of Business ( email )

351 Business Building
Murray, KY 42071-3314
United States

Solomon Antony

Murray State University - College of Business ( email )

351 Business Building
Murray, KY 42071-3314
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
130
Abstract Views
1,082
Rank
558,171
PlumX Metrics