Bentham or Aristotle in the Development Process? An Empirical Investigation of Capabilities and Subjective Well-Being

Carol Graham, Milena Nikolova

Research output: Contribution to journalArticleAcademicpeer-review

62 Citations (Scopus)

Abstract

Life evaluations and emotional states are distinct subjective well-being (SWB) components. We explore the relationship between opportunities and SWB dimensions, distinguishing between actual capabilities and means (education, employment, and income) and perceived opportunities (autonomy and health perceptions and belief in hard work). We find a link between capabilities and SWB (particularly, life evaluations), which varies across world regions. Capabilities can be associated with stress and anger; and seem to matter the least for the happiest respondents. We also explore the determinants of the least studied well-being dimension: eudaimonia, or life purpose, which is an underlying objective of the development process.

Original languageEnglish
Pages (from-to)163-179
Number of pages17
JournalWorld Development
Volume68
Issue number1
DOIs
Publication statusPublished - 1-Jan-2015
Externally publishedYes

Keywords

  • Capabilities
  • Eudaimonic well-being
  • Evaluative well-being
  • Freedoms
  • Hedonic well-being
  • Variance decompositions

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