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… and the Pursuit of Happiness - Institute of Economic Affairs

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<strong>…</strong> <strong>and</strong> <strong>the</strong> pursuit <strong>of</strong> happiness<br />

subjective wellbeing<br />

Annexe<br />

Table 1 Regression results from several data sets<br />

Dependent variable:<br />

st<strong>and</strong>ardised life<br />

satisfaction<br />

Gallup World Poll:<br />

ladder question<br />

World Values Survey:<br />

life satisfaction<br />

Pew Global Attitudes<br />

Survey:<br />

ladder question<br />

Eurobarometer:<br />

life satisfaction<br />

0.232***<br />

(0.014)<br />

0.227***<br />

(0.037)<br />

0.283***<br />

(0.027)<br />

Withincountry,<br />

cross-person<br />

regression<br />

Crossperson,<br />

income<br />

adjusted<br />

Crosscountry<br />

regression<br />

0.422 0.342***<br />

(0.019)<br />

0.413 0.370***<br />

(0.036)<br />

0.515 0.204***<br />

(0.037)<br />

Longdifference<br />

time series<br />

regressions<br />

–<br />

0.505***<br />

(0.109)<br />

– – – 0.278*<br />

(0.164)<br />

Note: The table reports <strong>the</strong> coefficient on <strong>the</strong> log <strong>of</strong> household income (in column<br />

1) or GDP (o<strong>the</strong>rwise), obtained from regressing st<strong>and</strong>ardised life satisfaction on<br />

<strong>the</strong> indicated measure <strong>of</strong> income using <strong>the</strong> indicated dataset. ***, ** <strong>and</strong> * denote<br />

statistically significant at 1 per cent, 5 per cent <strong>and</strong> 10 per cent, respectively. For<br />

more details, see Sacks et al. (2010), especially Tables 1–3.<br />

Listing <strong>of</strong> country names <strong>and</strong> abbreviations<br />

Afghanistan<br />

AFG Argentina<br />

Angola<br />

AGO Armenia<br />

Albania<br />

ALB Australia<br />

United Arab<br />

Emirates<br />

ARE Austria<br />

Azerbaijan<br />

–<br />

ARG<br />

ARM<br />

AUS<br />

AUT<br />

AZE<br />

Burundi<br />

Belgium<br />

Benin<br />

Burkina Faso<br />

Bangladesh<br />

Bulgaria<br />

Bosnia <strong>and</strong><br />

Herzegovina<br />

Belarus<br />

Bolivia<br />

Brazil<br />

Botswana<br />

Canada<br />

Switzerl<strong>and</strong><br />

Chile<br />

China<br />

Cameroon<br />

Colombia<br />

Costa Rica<br />

Cuba<br />

Cyprus<br />

Czech Republic<br />

Germany<br />

Denmark<br />

Dominican Republic<br />

Algeria<br />

Ecuador<br />

Egypt<br />

BDI<br />

BEL<br />

BEN<br />

BFA<br />

BGD<br />

BGR<br />

BIH<br />

BLR<br />

BOL<br />

BRA<br />

BWA<br />

CAN<br />

CHE<br />

CHL<br />

CHN<br />

CMR<br />

COL<br />

CRI<br />

CUB<br />

CYP<br />

CZE<br />

DEU<br />

DNK<br />

DOM<br />

DZA<br />

ECU<br />

EGY<br />

Spain<br />

Estonia<br />

Ethiopia<br />

Finl<strong>and</strong><br />

France<br />

West Germany<br />

Great Britain<br />

East Germany<br />

Georgia<br />

Ghana<br />

Greece<br />

Guatemala<br />

Hong Kong<br />

Honduras<br />

Croatia<br />

Haiti<br />

Hungary<br />

Indonesia<br />

India<br />

Irel<strong>and</strong><br />

Iran<br />

Iraq<br />

Icel<strong>and</strong><br />

Israel<br />

Italy<br />

Jamaica<br />

Jordan<br />

Japan<br />

ESP<br />

EST<br />

ETH<br />

FIN<br />

FRA<br />

FRG<br />

GBR<br />

GDR<br />

GEO<br />

GHA<br />

GRC<br />

GTM<br />

HKG<br />

HND<br />

HRV<br />

HTI<br />

HUN<br />

IDN<br />

IND<br />

IRL<br />

IRN<br />

IRQ<br />

ISL<br />

ISR<br />

ITA<br />

JAM<br />

JOR<br />

JPN<br />

94 95

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