Cite this article as:

Родионова Л. А. Easterlin Paradox in Russia. Izv. Saratov Univ. (N. S.), Ser. Economics. Management. Law, 2014, vol. 14, iss. 2, pp. 386-?.


Heading: 

Easterlin Paradox in Russia

Introduction. Life satisfaction is an important social indicator of life quality of the population. Modern researches show that income is one of the most significant components of life satisfaction. The article describes the Easterlin paradox with regard to Russia, provides a statistical analysis of the relationship income, wealth and the level of life satisfaction in Russia. The article presents the main theoretical concepts which used in the economics of happiness and for analysis of empirical models. Methods. econometric methods and statistical analysis: cluster analysis, a binary choice models. To evaluate the income effect on life satisfaction in Russia marginal effects of income and probability increment of life satisfaction were estimated based on binary choice model of Russian Longitudinal Monitoring Survey (RLMS) for 2012. Results. А family, gender (men are happier than women), good health, own car has a positive effect on life satisfaction. On average income has a positive effect on life satisfaction, but this effect is nonlinear. The results confirm the adaptation effect with saturation point in 60000 rub.

References: 

1. Easterlin R.A. Does economic growth improve the human lot? Some empirical evidence. Nations and Households in Economic Growth. New York, 1974, pp. 89–125.
2. Stevenson B., Wolfers J. Economic Growth and Subjec- tive Well-Being: Reassessing the Easterlin Paradox. 2008. NBER Working Paper № 14282.
3. Clark A., Flèche S., Senik C. The Great Happiness Moderation. Institute for the Study of Labor (IZA). 2012. IZA Discussion Papers № 6761.
4. Veenhoven R. Return of Inequality in Modern Society? Test by Dispersion of Life-Satisfaction Across Time and Nations. Journal of Happiness Studies, 2005, vol. 6(4), pp. 457– 487.
5. Becchetti L., Massari R., Naticchioni P. The drivers of happiness inequality: Suggestions for promoting social cohesion. 2013. IZA Discussion Paper №7153.
6. Ovaska T., Takashima R. Does a Rising Tide Lift all the Boats? Explaining the National Inequality of Hap- piness. Journal of Economic Issues, 2010, vol. 44(1), pp. 205–224.
7. Proto E., Rustichini A. Life Satisfaction, Household Income and Personality Traits. University of Warwick. 2012. The Warwick Economics Research Paper Series № 988.
8. Gallup polls. Available at: http://www.gallup.com/ poll/101905/gallup-poll.aspx (accessed 25 May 2014).
9. Guriev S., Zhuravskaya E. (Un)Happiness in Transition. Journal of Economic Perspectives, 2009, vol. 23(2), pp. 143–168.
10. Rodionova L. A. Schastliv li russkiy chelovek? [Is Russian man happy?]. Izv. Saratov Univ. New Ser. Ser. Economics. Management. Law. 2013. Vol. 13, iss 3(1). pp. 254–261.
11. The Russia Longitudinal Monitoring Survey – Higher School of Economics (RLMS-HSE). Available at: http:// www.hse.ru/rlms/ (accessed 25 May 2014).
12. Happy Planet Index: 2012 Report. Available at: http:// www.neweconomics.org/publications/happy-planet- index-2012-report (accessed 25 May 2014).
13. The World Bank. Site. Available at: http://www.world- bank.org/ (accessed 25 May 2014).
14. New Economics Foundation. Available at: http://www. neweconomics.org/ (accessed 25 May 2014).
15. Consumer price indices for goods and services. Avai- lable at: http://www.gks.ru/wps/wcm/connect/ross- tat_main/rosstat/ru/statistics/tariffs/# (accessed 25 May 2014) (in Russian).
16. Dynamics of average per capita incomes for the Russian Federation 1970–2013. Available at: http://www.gks. ru/free_doc/new_site/population/urov/urov_11g.htm (accessed 25 May 2014) (in Russian).

Full Text (PDF): 
Status: 
опубликована
Short Text (PDF):