The triangular relation of Digitization, GDP per capita, and Subjective well-being

Buitenhuis, Ian (2024) The triangular relation of Digitization, GDP per capita, and Subjective well-being. Master thesis.

Preview

Text Ian-Buitenhuis-S4527216-Thesis.pdf Download (741kB) | Preview

Abstract

This research investigates the relationship between Digitization, GDP per capita, and Subjective Well-Being (SWB). Data is used from 136 NUTS-2 regions in 15 EU countries. In combination with control variables for well-being, this research assesses how various aspects of digitization influence GDP per capita and how these aspects and GDP per capita affect SWB. Through multiple regression models, it is estimated that internet usage for public services, daily internet use, and broadband connection positively affect GDP per capita and subjective well-being. In contrast, participation in online social networks and weekly internet usage are expected to have negative impacts on GDP per capita. In addition, it is found that including control variables such as employment rate and education level refines these estimates. The results also suggest that fixed effects for countries significantly influence the variables and outcomes for possible relations, underscoring the importance of accounting for unobserved heterogeneity. Interaction variables for digitization and GDP per capita indicate possible mixed effects of digitization on GDP per capita’s effect on subjective well-being. The findings contribute to the existing literature by providing a nuanced understanding of the multifaceted effects of digitization on economic and social outcomes.

Item Type:	Thesis (Master)
Degree programme:	Economic Geography
Supervisor:	Kruijf, B.J. de
Date Deposited:	04 Sep 2024 11:49
Last Modified:	04 Sep 2024 11:49
URI:	https://frw.studenttheses.ub.rug.nl/id/eprint/4753

Actions (login required)

View Item