Is there a mineral-induced ‘Economic Euphoria’?: Evidence from Latin America

Fenton Villar, Paul (2021) Is there a mineral-induced ‘Economic Euphoria’?: Evidence from Latin America. Journal of Happiness Studies. ISSN 1389-4978

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Abstract

A development imperative emphasising the economic benefits of mineral extraction has led researchers to speculate about whether minerals inflate citizens’ economic expectations and, due to an upward shift in aspirations, cause a degree of dissatisfaction. Using survey data from 18 Latin American countries, this study finds evidence of the ‘euphoric effect’ of minerals materialising among household expectations concerning future changes in the economic situation of their country. Similarly, it also finds a positive and significant relationship with expectations concerning future changes in respondents’ personal economic situation. However, it does not detect a significant relationship between minerals and citizens’ life satisfaction.

Item Type: Article
Faculty \ School: Faculty of Social Sciences > School of International Development
Depositing User: LivePure Connector
Date Deposited: 30 Sep 2021 19:35
Last Modified: 15 Oct 2021 01:12
URI: https://ueaeprints.uea.ac.uk/id/eprint/81528
DOI: 10.1007/s10902-021-00455-5

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