Abstract
It is well known that measuring the noneconomic outcomes produced by social economy organizations is fairly difficult and complex. Usually, social economy organizations feature participatory and democratic decision-making processes that help create social capital and relational goods, and they are interested in social integration; accordingly, they tend to create an organizational culture that encourages their workers to contribute to local communities. Therefore, the hypothesis that the increased activities of social economy organizations have a causal effect on the subjective well-being of the people living near those organizations is highly plausible. In this paper, we estimate the causal effect and attempt to test the hypothesis statistically by using a dataset called the “Seoul Survey,” which provides observations on the subjective well-being of 45,496 citizens living in Seoul and the size of social economy organizations. Controlling for variables at the district level and the appropriate socioeconomic characteristics of each individual in the dataset, we find that the size of social organizations is highly significant.
| Original language | English |
|---|---|
| Pages (from-to) | 511-525 |
| Number of pages | 15 |
| Journal | Voluntas |
| Volume | 29 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 2018 Jun 1 |
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All Science Journal Classification (ASJC) codes
- Business and International Management
- Sociology and Political Science
- Public Administration
- Strategy and Management
Cite this
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Statistical Estimation of the Casual Effect of Social Economy on Subjective Well-Being. / Jang, Jongick; Kim, Tae-Hwan; Hong, Hoon; Yoo, Chung Sik; Park, Jonghyun.
In: Voluntas, Vol. 29, No. 3, 01.06.2018, p. 511-525.Research output: Contribution to journal › Article
TY - JOUR
T1 - Statistical Estimation of the Casual Effect of Social Economy on Subjective Well-Being
AU - Jang, Jongick
AU - Kim, Tae-Hwan
AU - Hong, Hoon
AU - Yoo, Chung Sik
AU - Park, Jonghyun
PY - 2018/6/1
Y1 - 2018/6/1
N2 - It is well known that measuring the noneconomic outcomes produced by social economy organizations is fairly difficult and complex. Usually, social economy organizations feature participatory and democratic decision-making processes that help create social capital and relational goods, and they are interested in social integration; accordingly, they tend to create an organizational culture that encourages their workers to contribute to local communities. Therefore, the hypothesis that the increased activities of social economy organizations have a causal effect on the subjective well-being of the people living near those organizations is highly plausible. In this paper, we estimate the causal effect and attempt to test the hypothesis statistically by using a dataset called the “Seoul Survey,” which provides observations on the subjective well-being of 45,496 citizens living in Seoul and the size of social economy organizations. Controlling for variables at the district level and the appropriate socioeconomic characteristics of each individual in the dataset, we find that the size of social organizations is highly significant.
AB - It is well known that measuring the noneconomic outcomes produced by social economy organizations is fairly difficult and complex. Usually, social economy organizations feature participatory and democratic decision-making processes that help create social capital and relational goods, and they are interested in social integration; accordingly, they tend to create an organizational culture that encourages their workers to contribute to local communities. Therefore, the hypothesis that the increased activities of social economy organizations have a causal effect on the subjective well-being of the people living near those organizations is highly plausible. In this paper, we estimate the causal effect and attempt to test the hypothesis statistically by using a dataset called the “Seoul Survey,” which provides observations on the subjective well-being of 45,496 citizens living in Seoul and the size of social economy organizations. Controlling for variables at the district level and the appropriate socioeconomic characteristics of each individual in the dataset, we find that the size of social organizations is highly significant.
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UR - http://www.scopus.com/inward/citedby.url?scp=85040069404&partnerID=8YFLogxK
U2 - 10.1007/s11266-017-9935-0
DO - 10.1007/s11266-017-9935-0
M3 - Article
AN - SCOPUS:85040069404
VL - 29
SP - 511
EP - 525
JO - Voluntas
JF - Voluntas
SN - 0957-8765
IS - 3
ER -