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Theoretical and Applied Economics
No. 1 / 2021 (626), Spring

Influences and spatial effects on subjective well-being

West University of Timisoara, Romania

Abstract. In this paper we explain the influence of some economic-social and psychological factors on a higher life satisfaction, as an expression of the subjective state of well-being, on a sample of 32 European countries. In the analysis, we used results of surveys on quality of life conducted during 2011-2012 and 2016 by Eurofound. We opted for estimating spatial models to highlight influences on well-being due to the existence of spatial autocorrelation between variables. The findings reveal that there is consistent positive relationship between life satisfaction and satisfaction in the fields and a significant negative relationships were found in relation to negative emotions, perception of a high degree of corruption in society or, even more importantly, unequal income distribution.

Keywords: subjective well-being, life satisfaction, positive and negative affect.

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016


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