Capital social y bienestar subjetivo: Un estudio del rol de la participacion en organizaciones sociales en la satisfaccion con la vida y felicidad en ciudades chilenas

The concept of welfare has evolved to incorporate subjective elements. One key factor for development is social capital. Participation in organizations promotes a more active social life, with potential positive results on welfare. This work investigates this last association through the estimation...

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Veröffentlicht in:Revista de análisis económico 2020-04, Vol.35 (1), p.55-74
Hauptverfasser: Aedo, Jorge, Oñate, Estefany, Jaime, Marcela, Salazar, Cesar
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creator Aedo, Jorge
Oñate, Estefany
Jaime, Marcela
Salazar, Cesar
description The concept of welfare has evolved to incorporate subjective elements. One key factor for development is social capital. Participation in organizations promotes a more active social life, with potential positive results on welfare. This work investigates this last association through the estimation of a bivariate ordered probit model by using the World Value Survey for Chile. Results show a positive association between participation in organizations and satisfaction with the economic situation, however, in the case of life satisfaction and happiness, this effect is unclear for economic and recreational organizations. This result suggests that subjective well-being do not necessarily respond to the economic situation.
doi_str_mv 10.4067/S0718-88702020000100055
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source EBSCOhost Business Source Complete; EZB-FREE-00999 freely available EZB journals; Alma/SFX Local Collection
subjects ECONOMICS
Estimating techniques
Happiness
Job satisfaction
Participation
Polls & surveys
Quality of life
Social capital
Studies
title Capital social y bienestar subjetivo: Un estudio del rol de la participacion en organizaciones sociales en la satisfaccion con la vida y felicidad en ciudades chilenas
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