Volume 19, Issue 73 (10-2019)
refahj 2019, 19(73): 9-38 |
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Abstract: (3835 Views)
Abstract :
One of the most important goals of today’s societies is to achieve a happy society. In this regard, government expenditures and the amount of government intervention in the economy can affect the level of happiness of the society. Therefore, the main objective of this paper is to examine the effect of government size on happiness in selected developing and developed countries using the threshold panel model over the period of 2005-2016. The results of the estimation models showed that the government size has a nonlinear effect on happiness in both the developing and developed countries, but how governments influence happiness in these two categories of countries was different. In both the developing and developed countries, the size of the government in the small states did not have a significant impact on happiness, but in a large government, the size of the government had a negative impact on happiness in developing countries and it had a positive impact on happiness in developed countries. The difference in the effects of government size on happiness in both developing and developed countries shows that government policies in developed countries are more effective in increasing happiness in society compared to developing countries.
One of the most important goals of today’s societies is to achieve a happy society. In this regard, government expenditures and the amount of government intervention in the economy can affect the level of happiness of the society. Therefore, the main objective of this paper is to examine the effect of government size on happiness in selected developing and developed countries using the threshold panel model over the period of 2005-2016. The results of the estimation models showed that the government size has a nonlinear effect on happiness in both the developing and developed countries, but how governments influence happiness in these two categories of countries was different. In both the developing and developed countries, the size of the government in the small states did not have a significant impact on happiness, but in a large government, the size of the government had a negative impact on happiness in developing countries and it had a positive impact on happiness in developed countries. The difference in the effects of government size on happiness in both developing and developed countries shows that government policies in developed countries are more effective in increasing happiness in society compared to developing countries.
Keywords: Developed Countries, Developing Countries, Government Size, Happiness, Threshold Panel Approach
Type of Study: orginal |
Received: 2019/04/21 | Accepted: 2019/07/1 | Published: 2019/10/18
Received: 2019/04/21 | Accepted: 2019/07/1 | Published: 2019/10/18
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