Cookies?
Library Header Image
LSE Research Online LSE Library Services

Technological affluence and subjective well-being

Kavetsos, Georgios and Koutroumpis, Pantelis (2011) Technological affluence and subjective well-being. Journal of Economic Psychology, 32 (5). pp. 742-753. ISSN 0167-4870

Full text not available from this repository.

Abstract

This study measures the welfare effects of technological goods using a recent European pooled cross-sectional dataset. We find that fixed and mobile phones, music players and personal computers, including those with an Internet connection, are associated with significantly higher levels of well-being measured by individual self-reported life satisfaction. Further controlling for mobile and broadband country penetration levels, we provide evidence suggesting that the latter matters for life satisfaction, especially for the users who already possess the relevant devices. Keeping life satisfaction constant, we subsequently derive substantial GDP per capita estimates equivalent to a 10 percentage point increase in broadband and mobile phone penetration.

Item Type: Article
Official URL: http://www.journals.elsevier.com/journal-of-econom...
Additional Information: © 2011 Elsevier
Library of Congress subject classification: B Philosophy. Psychology. Religion > BF Psychology
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HN Social history and conditions. Social problems. Social reform
T Technology > T Technology (General)
Journal of Economic Literature Classification System: D - Microeconomics > D6 - Welfare Economics > D60 - General
H - Public Economics > H0 - General > H00 - General
I - Health, Education, and Welfare > I3 - Welfare and Poverty > I31 - General Welfare; Basic Needs; Living Standards; Quality of Life; Happiness
L - Industrial Organization > L8 - Industry Studies: Services > L86 - Information and Internet Services; Computer Software
L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L96 - Telecommunications
Sets: Departments > Social Policy
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 23 Feb 2012 09:26
URL: http://eprints.lse.ac.uk/41998/

Actions (login required)

Record administration - authorised staff only Record administration - authorised staff only