Happiness and Consumption in Mauritius
An Exploratory Study of Socio-Economic Dimensions, Basic Needs, Luxuries and Personality Traits
Document identifier: oai:DiVA.org:ltu-76851
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10.1007/s10902-019-00178-8Keyword: Social Sciences,
Economics and Business,
Economics,
Samhällsvetenskap,
Ekonomi och näringsliv,
Nationalekonomi,
Consumption,
Happiness,
Luxuries,
Ordered probit,
Personality traitsPublication year: 2020Relevant Sustainable Development Goals (SDGs):
The SDG label(s) above have been assigned by OSDG.aiAbstract: Mainstream economics perceive an individual as highly individualistic, presuming that he/she consumes goods in the most efficient way to optimize his/her level of happiness. This study attempts to explore the nexus between socio-economic dimensions, basic needs, luxuries and personality traits and happiness in Mauritius. Material consumption and happiness are projected to be positively and strongly related. This is usually illuminated in terms of the increased possibilities to satisfy basic needs and luxuries along with other motives which additional spending provides. Other instrumental aspects of consumption, such as its relative, community-based and hedonic magnitudes are accounted. Cross-sectional data are compiled from a household survey with a sample size of 1015 observations. To conduct the analysis, an ordered probit model is applied. The general conclusion is drawn upon the results that socio-economic indicators like educational attainment, residential location, family size, income in addition to the intermediate needs deprivation index, brand consciousness, fashion innovativeness, commercial interest, shopping enjoyment, hedonism, bandwagon effect and personality traits are significantly related to people’s happiness.
Authors
Vishal Chandr Jaunky
Luleå tekniska universitet; Samhällsvetenskap
Other publications
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Jamiil Jeetoo
Department of Economics and Statistics, University of Mauritius, Reduit, Mauritius
Other publications
>>
Shreya Rampersad
Department of Economics and Statistics, University of Mauritius, Reduit, Mauritius
Other publications
>>
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header:
identifier: oai:DiVA.org:ltu-76851
datestamp: 2021-05-26T23:03:57Z
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recordCreationDate: 2019-11-25
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10.1007/s10902-019-00178-8
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titleInfo:
@attributes:
lang: eng
title: Happiness and Consumption in Mauritius
subTitle: An Exploratory Study of Socio-Economic Dimensions Basic Needs Luxuries and Personality Traits
abstract: Mainstream economics perceive an individual as highly individualistic presuming that he/she consumes goods in the most efficient way to optimize his/her level of happiness. This study attempts to explore the nexus between socio-economic dimensions basic needs luxuries and personality traits and happiness in Mauritius. Material consumption and happiness are projected to be positively and strongly related. This is usually illuminated in terms of the increased possibilities to satisfy basic needs and luxuries along with other motives which additional spending provides. Other instrumental aspects of consumption such as its relative community-based and hedonic magnitudes are accounted. Cross-sectional data are compiled from a household survey with a sample size of 1015 observations. To conduct the analysis an ordered probit model is applied. The general conclusion is drawn upon the results that socio-economic indicators like educational attainment residential location family size income in addition to the intermediate needs deprivation index brand consciousness fashion innovativeness commercial interest shopping enjoyment hedonism bandwagon effect and personality traits are significantly related to people’s happiness.
subject:
@attributes:
lang: eng
authority: uka.se
topic:
Social Sciences
Economics and Business
Economics
@attributes:
lang: swe
authority: uka.se
topic:
Samhällsvetenskap
Ekonomi och näringsliv
Nationalekonomi
@attributes:
lang: eng
topic: Consumption
@attributes:
lang: eng
topic: Happiness
@attributes:
lang: eng
topic: Luxuries
@attributes:
lang: eng
topic: Ordered probit
@attributes:
lang: eng
topic: Personality traits
@attributes:
lang: eng
authority: ltu
topic: Economics
genre: Research subject
@attributes:
lang: swe
authority: ltu
topic: Nationalekonomi
genre: Research subject
language:
languageTerm: eng
genre:
publication/journal-article
ref
note:
Published
3
Validerad;2020;Nivå 2;2020-10-15 (alebob)
name:
@attributes:
type: personal
authority: ltu
namePart:
Jaunky
Vishal Chandr
role:
roleTerm: aut
affiliation:
Luleå tekniska universitet
Samhällsvetenskap
nameIdentifier: chajau
@attributes:
type: personal
namePart:
Jeetoo
Jamiil
role:
roleTerm: aut
affiliation: Department of Economics and Statistics University of Mauritius Reduit Mauritius
@attributes:
type: personal
namePart:
Rampersad
Shreya
role:
roleTerm: aut
affiliation: Department of Economics and Statistics University of Mauritius Reduit Mauritius
originInfo:
dateIssued: 2020
publisher: Springer
relatedItem:
@attributes:
type: host
titleInfo:
title: Journal of Happiness Studies
identifier:
1389-4978
1573-7780
part:
detail:
@attributes:
type: volume
number: 21
@attributes:
type: issue
number: 7
extent:
start: 2377
end: 2403
location:
url: https://doi.org/10.1007/s10902-019-00178-8
url: http://ltu.diva-portal.org/smash/get/diva2:1372896/FULLTEXT01.pdf
accessCondition:
gratis
gratis
physicalDescription:
form: electronic
typeOfResource: text