{"title":"Petrol Prices and Subjective Well-Being: Longitudinal Data Evidence From China","authors":"Yanhong Qian, Lei Yan","doi":"10.46557/001c.28125","DOIUrl":null,"url":null,"abstract":"This paper studies the effects of petrol prices on individuals’ subjective well-being (SWB). Three waves of household data from the China Health and Retirement Longitudinal Study and petrol prices at the province level are used and ordered probit models are applied. The empirical results show that petrol prices are negatively associated with SWB due to income effects. The findings are robust to alternative independent variable measures and clustered standard errors.","PeriodicalId":348903,"journal":{"name":"Energy RESEARCH LETTERS","volume":"86 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2021-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Energy RESEARCH LETTERS","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.46557/001c.28125","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 2
Abstract
This paper studies the effects of petrol prices on individuals’ subjective well-being (SWB). Three waves of household data from the China Health and Retirement Longitudinal Study and petrol prices at the province level are used and ordered probit models are applied. The empirical results show that petrol prices are negatively associated with SWB due to income effects. The findings are robust to alternative independent variable measures and clustered standard errors.
本文研究了汽油价格对个体主观幸福感的影响。本文使用了来自中国健康与退休纵向研究(China Health and Retirement Longitudinal Study)和各省汽油价格的三波家庭数据，并采用了有序probit模型。实证结果表明，由于收入效应，汽油价格与主观幸福感呈负相关。研究结果对其他自变量测量和聚类标准误差具有鲁棒性。
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