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The relationship between economic and subjective wellbeing indicators in Peru

Copestake, James; Guillen-Royo, Monica; Chou, Wan Jung; Velazco, Jackeline; Hinks, Timothy

Authors

James Copestake

Monica Guillen-Royo

Wan Jung Chou

Jackeline Velazco



Abstract

Previous studies in Peru have identified apparent mismatches between people's perceptions of their wellbeing and indicators of their material welfare. This paper draws on primary data from relatively poor localities in Central Peru to investigate these further. We first present estimates of respondents' household income, expenditure and poverty status. This data is then compared with individual responses to a standard happiness question. We find people are generally happier in rural areas even though poverty in incidence there is greater. Additional data on different distinct aspects of subjective wellbeing is then used to explain the apparent paradox. We find rural respondents are more satisfied with the place where they live and progress in raising a family, while those in urban areas have higher material and related aspirations which they find hard to fulfil. © Springer Science + Business Media B.V.

Citation

Velazco, J., Chou, W. J., Guillen-Royo, M., Copestake, J., & Hinks, T. (2009). The relationship between economic and subjective wellbeing indicators in Peru. Applied Research in Quality of Life, 4(2), 155-177. https://doi.org/10.1007/s11482-009-9070-1

Journal Article Type Article
Publication Date Jul 9, 2009
Journal Applied Research in Quality of Life
Print ISSN 1871-2584
Electronic ISSN 1871-2576
Publisher Springer (part of Springer Nature)
Peer Reviewed Peer Reviewed
Volume 4
Issue 2
Pages 155-177
DOI https://doi.org/10.1007/s11482-009-9070-1
Keywords economic welfare, wellbeing, Peru
Public URL https://uwe-repository.worktribe.com/output/1019121
Publisher URL http://dx.doi.org/10.1007/s11482-009-9070-1
Additional Information Additional Information : The original publication is available at www.springerlink.com.