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Correlational findings

Study Knight & Gunatilaka (2014a): study CN 2002

Public
Adult general public, rural areas, China, 2002
Survey name
CN-National Household Survey China
Sample
Respondents
N = 9500
Non Response
Assessment
Interview: face-to-face

Correlate

Authors's Label
Log of financial assets
Our Classification
Distribution
M = 1.04
Operationalization
Not reported

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-HL-g-sq-v-5-i b = +.05 p < .000 b controled for:
- Economic variables
  - income
  - debt
  - working hours
- Conditioning variables
  - age (squared)
  - gender
  - marital status
  - education
  - mood
  - health O-HL-g-sq-v-5-i b = +.05 p < .000 b additionally controled for:
- Relative income to village
- Expected income next 5 years
- Perception of income 5 years ago O-HL-g-sq-v-5-i b = +.07 p < .000 b controled for:
- Economic variables
  - household consumption
  - debt
  - working hours
Conditioning variables (as above) O-HL-g-sq-v-5-i b = +05 p < .001 b addionally controled for:
- Relative income to village
- Expected income in the next 5 years
- Perception of past income variables

b unaffected by additional control for:
- province (dummies) O-HL-g-sq-v-5-i b-iv = +.06 p < .001 b-iv(+0,057) when instrumented for:
- expected future income change O-HL-g-sq-v-5-i b-iv = +.05 p < .001 b-iv (+0,048) when instrumented for:
- perceived past income change

b-iv's controled for
- log real per capita household income
- log of household debts
- working hours per year
- relative household income in village