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Please use this identifier to cite or link to this item: https://dspace.lboro.ac.uk/2134/17293

Title: Do relational goods raise well-being? An econometric analysis
Authors: Rasciute, Simona
Downward, Paul M.
Greene, William
Keywords: Relational goods
Social interactions
Latent Class Ordered Probit model
Unobserved/latent heterogeneity
Issue Date: 2015
Publisher: © Palgrave Macmillan
Citation: 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
Abstract: 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.
Description: This paper is embargoed until 15th April 2017.
Version: Accepted for publication
DOI: 10.1057/eej.2015.46
URI: https://dspace.lboro.ac.uk/2134/17293
Publisher Link: http://dx.doi.org/10.1057/eej.2015.46
ISSN: 0044-2267
Appears in Collections:Closed Access (Sport, Exercise and Health Sciences)

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