首页|Measurement of relative welfare poverty and its impact on happiness in China: Evidence from CGSS

Measurement of relative welfare poverty and its impact on happiness in China: Evidence from CGSS

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Individual or household income has been the conventional yardstick of poverty. Presently, nonincome factors are universally accepted as measures of poverty. Attention on the multiple dimensions of poverty and their policy implications has been growing in the past 20 years. However, few studies have analyzed relative multidimensional poverty, especially in China. Moreover, the relationship between relative welfare poverty and happiness has been rarely studied, particularly given that the decline of poverty seemed not bringing a significant increase in happiness in China. This research gap is noteworthy because enhancing the subjective well-being of the people is crucial to a nation's sustainable economic development. On the basis of the microlevel data from China General Social Survey, this study puts forward a welfare approach to analyzing the relative multidimensional poverty and then determines the link between relative welfare poverty and individual happiness. Our results show that 1) relative welfare poverty has not declined significantly and 2) there is a significantly happiness-reducing effect of relative welfare poverty.

Relative welfare poverty Multidimensional poverty Happiness ChinaMULTIDIMENSIONAL POVERTYLIFE SATISFACTIONQUALITYINCOME

Wang, Jinxian、Wang, Chen、Li, Sihao、Luo, Zhi

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Cent South Univ

Shanghai Univ Finance & Econ

Renmin Univ China

Wuhan Univ

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2021

China Economic Review

China Economic Review

SSCI
ISSN:1043-951X
年,卷(期):2021.69
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