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Is there a Mineral-Induced 'Economic Euphoria'?: Evidence from Latin America.
- Source :
-
Journal of Happiness Studies . Apr2022, Vol. 23 Issue 4, p1403-1430. 28p. 13 Charts, 1 Graph. - Publication Year :
- 2022
-
Abstract
- A development imperative emphasising the economic benefits of mineral extraction has led researchers to speculate about whether minerals inflate citizens' economic expectations and, due to an upward shift in aspirations, cause a degree of dissatisfaction. Using survey data from 18 Latin American countries, this study finds evidence of the 'euphoric effect' of minerals materialising among household expectations concerning future changes in the economic situation of their country. Similarly, it also finds a positive and significant relationship with expectations concerning future changes in respondents' personal economic situation. However, it does not detect a significant relationship between minerals and citizens' life satisfaction. [ABSTRACT FROM AUTHOR]
- Subjects :
- *ECONOMIC expectations
*LIFE satisfaction
*ECONOMIC change
*RESOURCE curse
Subjects
Details
- Language :
- English
- ISSN :
- 13894978
- Volume :
- 23
- Issue :
- 4
- Database :
- Academic Search Index
- Journal :
- Journal of Happiness Studies
- Publication Type :
- Academic Journal
- Accession number :
- 156743219
- Full Text :
- https://doi.org/10.1007/s10902-021-00455-5