2020
DOI: 10.3917/redp.296.0993
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Subjective Well-Being and Social Comparison: A Comparative Study on Rural Thailand and Vietnam

Abstract: This paper analyzes the determinants of the households' welfare perception using the data from surveys on rural households in Thailand and Vietnam. Welfare perception corresponds to the households' subjective assessment of their general situations. We focus on the social comparison and take into account relative poverty, harsh living conditions, economic and natural risks as well as the households' degree of risk acceptance. Our study shows that households, in both countries, are sensitive to income and relati… Show more

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Cited by 1 publication
(8 citation statements)
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“…Other variables indicating the location and geographic characteristics, such as proximity to the coast, airport and main road, also significantly impact individual life satisfaction. For the case of developing countries, such as Vietnam and Thailand, Pham et al (2019) show that natural risks (drought, flooding and heavy ice rain) affect households' wellbeing, but differently in the two countries. More precisely, they find that environmental risks in the past have a positive effect on the fact that households feel better off than the previous year or the previous five years.…”
Section: Individual Well-being Public Facilities and Local Characteri...mentioning
confidence: 99%
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“…Other variables indicating the location and geographic characteristics, such as proximity to the coast, airport and main road, also significantly impact individual life satisfaction. For the case of developing countries, such as Vietnam and Thailand, Pham et al (2019) show that natural risks (drought, flooding and heavy ice rain) affect households' wellbeing, but differently in the two countries. More precisely, they find that environmental risks in the past have a positive effect on the fact that households feel better off than the previous year or the previous five years.…”
Section: Individual Well-being Public Facilities and Local Characteri...mentioning
confidence: 99%
“…Indeed, individual income always represents one of the most important factors explaining well-being, but this income effect may be mediated by social comparison (e.g. Senik, 2005;Clark et al, 2017;Pham et al, 2019;Algan, Malgouyres, & Senik, 2020) [2]. In particular, the paper What can we learn from subjective data?…”
Section: Individual Well-being Public Facilities and Local Characteri...mentioning
confidence: 99%
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