Correlational finding on Happiness and subject: House owned or rented

StudyCheng et al. (2014a): study CN 2011
TitleHousing Property Rights and Subjective Wellbeing in Urban China.
SourceMonash University Discussion Paper, 2013, No 44, 1 - 24
URLhttp://ro.uow.edu.au/cgi/viewcontent.cgi?article=1550&context=buspapers
PublicAdults, urban areas, age range not reported, China, 2011
SampleProbability multistage stratified area sample
Non-Response
Respondents N =5229

Correlate
Author's labelHomeowners vs. non-homeowners
Page in Source 19,21
Our classificationHouse owned or rented
Operationalization
1 Homeowner
0 Non-homeowner
Observed distributionHomeowner: 86%; non-homeowner: 14%

Observed Relation with Happiness
Happiness
Measure
StatisticsElaboration/Remarks
O-SLW-u-sq-v-5-rDM=+.25 p < .001
                   M   SD
Homeowners:     3,75  0,80
Non-homeowners: 3,50  0,89
- difference   +0,25
O-SLW-u-sq-v-5-rb=+.21 p < .001
b controlled for:
- age and age squared
- schooling
- married
- household size
- rural/urban
- CCP party member
- no. of social insurance
- income(ln)
O-SLW-u-sq-v-5-rD%sr=+ p < .001
                 + 4,1%


Appendix 1: Happiness measures used
CodeFull Text
O-SLW-u-sq-v-5-rSelf report on single question:

How satisfied are you with your life as a whole?
1 very dissatisfied
2 dissatisfied
3 neither satisfied nor dissatisfied
4 satisfied
5 very satisfied


Appendix 2: Statistics used
SymbolExplanation
bREGRESSION COEFFICIENT (non-standardized) by LEAST SQUARES (OLS)
Type: test statistic
Measurement level: Correlate: metric, Happiness: metric
Theoretical range: unlimited

Meaning:
b > 0 A higher correlate level corresponds with a higher happiness rating on average.
B < 0 A higher correlate level corresponds with a lower happiness rating on average.
B = 0 Not any correlation with the relevant correlate.
D%srDIFFERENCE in % of SCALE RANGE
Scale range = highest theoretical value minus lowest theoretical value
DMDIFFERENCE of MEANS
Type: descriptive statistic only.
Measurement level: Correlate: dichotomous, Happiness: metric
Range: depending on the happiness rating scale of the author; range symmetric about zero.

Meaning: the difference of the mean happiness, as measured on the author's rating scale, between the two correlate levels.
Source:
Ruut Veenhoven, World Database of Happiness, Collection of Correlational Findings, Erasmus University Rotterdam.
https://worlddatabaseofhappiness.eur.nl