Social Norms and Institutions
Income Log GDP per head.
Health Healthy life expectancy.
We shall look at each of these variables one by one. But
first let us look at how they all perform together. Altogether
they explain 76% of the variation in life- satisfaction across
countries^5 (see Figure 8.1 and Table 8.1). The levels of trust,
social support, and freedom are all extremely important.
Trust
Generosity
Social support
Freedom
Income
Health
0.11 (0.05)
0.07 (0.05)
0.20 (0.06)
0.18 (0.06)
0.38 (0.10)
0.24 (0.08)
β (s.e.)
0.0 0.1 0.2 0.3 0.4
Figure 8.1. How national life- satisfaction is predicted by different national
variables
Table 8.1. How national life- satisfaction (0– 10) is predicted
by different national variables
Units Coefficient (s.e.)
Trust Proportion 1.08 (0.45)
Generosity Proportion 0.54 (0.41)
Social support Proportion 2.03 (0.61)
Freedom Proportion 1.41 (0.49)
Income Log GDP per head 0.33 (0.75)
Health Years 0.03 (0.01)