nep-hap New Economics Papers
on Economics of Happiness
Issue of 2012‒05‒08
two papers chosen by
Viviana Di Giovinazzo
University of Milano-Bicocca

  1. A wellbeing framework with adaptive capacity By Itismita Mohanty; Robert Tanton
  2. Internal vs. International Migration: Impacts of Remittances on Child Well-Being in Vietnam By Binci, Michele; Giannelli, Gianna Claudia

  1. By: Itismita Mohanty (NATSEM, University of Canberra); Robert Tanton (NATSEM, University of Canberra)
    Abstract: In this paper we propose a framework in which individual and community wellbeing have an impact on the sensitivity of an area to an external shock, and the ability of an area to adapt after the external shock. After developing a framework, this paper then concentrates on how best to measure individual and community wellbeing for regional and rural Australia. In this paper, a number of indicators are proposed to measure dimensions of wellbeing; and then a number of dimensions are used to measure a domain. The domains we have included can be described as five “capitals”: so human capital, social capital, built (produced) and financial capital, natural capital and spiritual capital. All these come together to form an individual’s wellbeing. Owing to the fact that different people will place different weights on each of these domains, dimensions and indicators, this paper has not attempted to derive some single indicator of wellbeing. Instead the paper provides a number of different indicators, allowing the reader to decide themselves what weight each would receive. Further, the paper does not try to quantify the indicators, but provides the framework for the indicators.
    Keywords: Wellbeing, Adaptive Capacity
    Date: 2012–03
  2. By: Binci, Michele (University of Florence); Giannelli, Gianna Claudia (University of Florence)
    Abstract: This paper focuses on the effects of domestic and international remittances on children's well-being. Using data from the 1992/93 and 1997/98 Vietnam Living Standards Surveys, we investigate average school attendance and child labour in remittance recipient and non-recipient households. The results of our cross-section and panel analyses indicate that remittances increase schooling and reduce child labour. Although international remittances are found to have a stronger beneficial impact than domestic remittances in the cross-section analysis, the panel analysis reverses this result, showing that the only significant impact stems from domestic remittances.
    Keywords: migration, remittances, schooling, child labour, panel data, Vietnam
    JEL: F22 I39 J13 O15
    Date: 2012–04

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