Empirical Analysis of the Relationship Between Military Endeavor, Economic Growth and Happiness (original) (raw)

Abstract

We study the relationship between happiness, economic growth and military endeavor. A distinction is drawn between the direct and the indirect impact of military endeavor on happiness which operates through the impact of military endeavor on income and the impact of income on happiness. Using panel data analysis for 45 countries covering the period from 2000 to 2013, direct and indirect impacts of military endeavor on happiness are estimated. Our results show that the military endeavor has a positive direct impact on happiness. Indirect effects are found to be positive, the total effect of military endeavor on happiness is positive.

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  44. Mailing Address:Faculté des sciences économiques et de Gestion de Sousse, Cité Riadh -4023 -Sousse, Sousse 4023, Tunisia.Email:neilabenafia@yahoo.fr. Received January13, 2017, Accepted April 26, 2017.