Economic income and subjective quality of life
Ying Xie
Abstract
Ying Xie
Abstract
The relationship between subjective quality of life satisfaction and personal economic income is the academic hot issue of concern.In this paper,statistical analyses,based on 1600 sample survey from eight typical cities,are taken to reveal the relationship and correspondence between the personal income and the individual’s subjective satisfaction with life in general.The methods used are One-Way analysis of variance and the corresponding analysis.The conclusion is that the income effect is the major factor that affects subjective quality of life.The growth of personal income can indeed result in higher subjective quality of life.The clear positive correlation between the high-income and high subjective satisfaction with the quality of life is verified by the research.
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The relationship between subjective quality of life satisfaction and personal economic income is the academic hot issue of concern.In this paper,statistical analyses,based on 1600 sample survey from eight typical cities,are taken to reveal the relationship and correspondence between the personal income and the individual’s subjective satisfaction with life in general.The methods used are One-Way analysis of variance and the corresponding analysis.The conclusion is that the income effect is the major factor that affects subjective quality of life.The growth of personal income can indeed result in higher subjective quality of life.The clear positive correlation between the high-income and high subjective satisfaction with the quality of life is verified by the research.
Key concepts: Life satisfaction, Quality of life (healthcare), Sample (material), Personal income, Quality (philosophy), Psychology, Variance (accounting), Demographic economics