Does Economic Growth Raise Happiness in China?

Does Growth Cause Happiness, or Does Happiness Cause Growth?

The two quotes above suggest alternate ideas about the sources of happiness. The first (written around AD 180) is nn Aristotelian notion. Happiness is a way of living, not a state. The second quote (written some 1500 years later) suggests ideas about the sources of happiness perhaps more akin to the way that we tend to view [hem today. Happiness is about conviviality, warmth. food (and perhaps ...

Does Precommitment Raise Growth ?

We develop an endogenous growth model driven by externalities from both private and public capital. The government levies distortionary taxation to finance a publicly provided consumption good and public infrastructure. Firms face adjustment costs. We compare the optimal and time-consistent policies in a linearquadratic approximation of the model. Although the time-consistent equilibrium is sub...

Does Inflation Harm Economic Growth In Iran?

Happiness and Economic Growth: Does the Cross Section Predict Time Trends? Evidence from Developing Countries

Happiness and Economic Growth: Does the Cross Section Predict Time Trends? Evidence from Developing Countries Based on point-of-time comparisons of happiness in richer and poorer countries, it is commonly asserted that economic growth will have a significant positive impact on happiness in poorer countries, if not richer. The time trends of subjective well-being (SWB) in 13 developing countries...

Financial Development and Economic Growth in China Original Citation Financial Development and Economic Growth in China

The purpose of this paper is to examine the relationship between financial development and economic growth. In particular, the authors examine the impact of financial development on the growth of primary, secondary, and tertiary industries in China. Ordinary Least Square (OLS) multiple regressions are applied on a set of data from China for the period 1978 to 2013 to determine the effects of fi...