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An Empirical Study on the Relationship between Happiness and Fertility: A Country-level Analysis

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Numerous studies have extensively examined the correlation between parenthood and individual happiness. However, the reciprocal relationship, wherein happiness influences a country’s fertility, has received little attention. This paper empirically tests whether countries with higher happiness levels exhibit correspondingly higher fertility rates in over 130 countries from 2005 to 2019 while controlling for the potential mediating factors such as income, education, etc. Through empirical analysis, this paper concludes that happiness is positively associated with fertility rates. Interestingly, when countries are stratified based on income levels, the relationship is not statistically significant for low-income and lower-middle-income countries but significant and positive for upper-income and high-income countries.

Abstract

Numerous studies have extensively examined the correlation between parenthood and individual happiness. However, the reciprocal relationship, wherein happiness influences a country’s fertility, has received little attention. This paper empirically tests whether countries with higher happiness levels exhibit correspondingly higher fertility rates in over 130 countries from 2005 to 2019 while controlling for the potential mediating factors such as income, education, etc. Through empirical analysis, this paper concludes that happiness is positively associated with fertility rates. Interestingly, when countries are stratified based on income levels, the relationship is not statistically significant for low-income and lower-middle-income countries but significant and positive for upper-income and high-income countries.

참고문헌 (14)

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  3. Billari, Francesco C., "How generations and gender shape demographic change", pp.8~31 (2009), United Nations
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  5. Diener, Ed, "Happy People Live Longer" Subjective Well-Being Contributes to Health and Longevity", Applied Psychology: Health and Well-Being, 3(1), pp.1~43 (2011)
  6. Diener, Ed, "Measuring Quality of Life: Economic, Social, and Subjective Indicators", Social Indicators Research, 40, pp.189~216 (1997)
  7. The economics of fertility: A new era, "Doepke, Matthias", National Bureau of Economic Research, 1~46 (2022)
  8. Kogel, Tomas, "Did the association between fertility and female employment within OECD countries really change its sign?", Journal of population economics, 17, pp.45~65
  9. Lerner, Jennifer S., "Emotion and decision making", Annual review of psychology, 66, pp.799~823 (2015)
  10. Mencarini, Letizia, "Life satisfaction favors reproduction. The universal positive effect of life satisfaction on childbearing in contemporary low fertility countries", PloS one, 13(12) (2018)
  11. Rindfuss, Ronald R., "The changing institutional context of low fertility", Population Research and Policy Review, 22, pp.411~438 (2003)
  12. Sobotka, Tomas, "Economic recession and fertility in the developed world", Population and Development Review, 37(2), pp.267~306 (2011)
  13. Stulp, Gert, "Wealth, fertility and adaptive behavior in industrial populations", Philosophical Transactions B, 371(1692) (2016)
  14. United Nations, Department of Economic and Social Affairs, Population Division, "World Population Policies 2021: Policies related to fertility", United Nations, ~ (2021)

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