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Do relational goods raise well-being? An econometric analysis

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journal contribution
posted on 17.04.2015 by Simona Rasciute, Paul Downward, William Greene
This paper explores the relationship between different types of relational goods and well-being and examines if there is latent/unobserved heterogeneity in this relationship by applying the Latent Class Ordered Probit model. This unique contribution to the literature examines if some individuals have a more associative disposition than others which contributes to their subjective well-being through the consumption of relational goods. As well as relational goods that have been well researched, such as marital status and household composition, this paper explores participation in sports, arts and cultural activities, as well as attendance at events or facilities for these activities, heritage visits, volunteering and gambling.

History

School

  • Sport, Exercise and Health Sciences

Published in

Eastern Economic Journal

Volume

000

Issue

000

Pages

000 - 000

Citation

RASCIUTE, S., DOWNWARD, P. and GREENE, W., 2015. Do relational goods raise well-being? An econometric analysis. Eastern Economic Journal, 43 (4), pp. 563–579.

Publisher

© Palgrave Macmillan

Version

AM (Accepted Manuscript)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/

Publication date

2015

Notes

This is a post-peer-review, pre-copyedit version of an article published in Eastern Economic Journal. The definitive publisher-authenticated version RASCIUTE, S., DOWNWARD, P. and GREENE, W., 2015. Do relational goods raise well-being? An econometric analysis. Eastern Economic Journal, doi: 10.1057/eej.2015.46 is available online at: http://dx.doi.org/10.1057/eej.2015.46

ISSN

0044-2267

eISSN

1939-4632

Language

en

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