Does Economic Globalization Improve People's Sense of Happiness?
Based on the data of China Labor-force Dynamics Survey in 2016,this article quantitatively tests the impact of economic globalization on the happiness of Chinese residents.The results show that economic globalization has significantly improved the happiness of Chinese residents,and has influenced their subjective well-being through two mechanisms:income and income gap.While leveraging its comparative advantages to promote economic globalization,the Chinese government should also consider expanding expenditures on social security,healthcare,education,and other aspects of people's livelihoods to alleviate the potential negative effects,so that the benefits of economic globalization can benefit every Chinese resident.
economic globalizationincomeincome gapsense of happiness
NETL
NSTL
万方数据
