Abstract

MONCAYO VIVES, Guido Andrés. The economy of happiness and public investment in Ecuador: evidence of a causal relationship. E&c [online]. 2019, vol.2, n.9, pp.309-332. ISSN 2477-9245.  https://doi.org/10.37228/estado_comunes.v2.n9.2019.131.

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The present article pretends, in a preliminary way, to corroborate the hypothesis that the State plays a preponderant role in the search of what we know as Good Living (for many synonym of happiness). For this, a survey of the concepts of happiness has been carried out and, in the search of the link of this with the role of the State, the main postulates of what is known as the happiness economy have been analyzed, to end with the analysis of some macroeconomic data of the last decade in Ecuador, which support the central postulate of this research. The results are that when the State, through a strong public investment, encourages the economy and with this the population can improve the living standards and with this it can tend to the Good Living, or in other words, to the happiness. Among the main limitations that were presented at the time of preparing this article, there is scarce information, especially at the territorial level, which made it difficult to include disaggregations at the provincial level, an analysis that would be interesting to develop in the future, given that the realities are dissimilar in the different cities of the country.

Keywords : Ecuador; Good Living; quality of life; development; welfare; public administration; public; State..

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