Abstract
Happiness is considered to be one of the ultimate goals of life. This paper studies the happiness of Indian college and university students aged between 18 and 24 years. It attempts to answer whether and to what extent happiness of a student is significantly related to aspects of social life such as time spent with family, friends, being in a relationship, logging into social networking sites; academic factors such as job prospects of the chosen field of study and academic environment; and other personal factors such as health condition, over thinking or dwelling on past bad memories, addiction to tobacco/drug/alcohol. Moreover, this paper also inquires about the relationship between a student’s average happiness with her gender as well as the income class to which she belongs. It has been observed that among different aspects of social life, time spent with family and friends are significant while logging into social networking site is found out to be insignificant. Also being in a relationship is significantly but negatively related to happiness for male students. Job Prospects of the current field of study is a highly significant covariate of happiness irrespective of the gender of the student. Among different aspects of the personal situation, dwelling on past bad memories decreases happiness of both male and female students. Addiction to tobacco/alcohol is a negative covariate of female happiness. Furthermore, income and gender are seen to play an insignificant role in the happiness of Indian college and university students.
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Notes
Source: NDTV, June 22, 2012.
Questionnaire is given in Appendix A.1.
Our model specification is correct. Please see Appendix A.3.
Please see Appendix A.2.
Please see the questionnaire (Appendix A.1).
See Appendix A.2.
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Appendices
Appendix A.1
Appendix A.2
Overview of the sample
Below Rs. 10,000 | Rs. 10,000 Rs. 25,000 | Rs. 25,000 Rs. 50,000 | Rs. 50,000–Rs. 1,00,000 | Above Rs. 1,00,000 | |
---|---|---|---|---|---|
Mean overall happiness | 16.58,333 | 16.61667 | 16.6729 | 16.84286 | 17.23016 |
Standard deviation | 3.396745 | 4.528971 | 4.131736 | 3.93887 | 4.12051 |
All | Male | Female | |
---|---|---|---|
Mean overall happiness | 16.85301 | 17.1048 | 16.59091 |
Standard deviation | 4.095484 | 3.809893 | 4.366321 |
Appendix A.3
Breusch-Pagan/Cook-Weisberg test for heteroskedasticity
Ho: Constant variance | Variables: Fitted values of overall happiness
Overall sample regression | Male sample regression | Female sample regression | |
---|---|---|---|
Chi square value | 0.03 | 0.07 | 0.02 |
Prob > Chi square | 0.8676 | 0.7892 | 0.8772 |
Ramsey RESET test using powers of the fitted values of overall happiness
Ho: Model has no omitted variables
Overall sample regression | Male sample regression | Female sample regression | |
---|---|---|---|
F Value | 0.62 | 0.16 | 0.92 |
Prob > F | 0.6028 | 0.9202 | 0.433 |
Homoscedasticity holds and model specifications are correct for three OLS regression equations.
Appendix A.4
Test of significance of difference between mean happiness of students across income classes: (at 1% level of significance)
Mean level of happiness of a student belonging to | Hypotheses | Decision | Significant level of difference in the mean level of happiness across income classes |
---|---|---|---|
Below Rs. 10,000 (Ma) and Rs. 10,000–Rs. 25,000 (Mb) | H0:Ma = Mb Ha:Ma < Mb | We fail to reject the null hypothesis | NO |
Below Rs. 10,000 (Ma) and Rs. 25,000–Rs. 50,000 (Mc) | H0:Ma = Mc Ha:Ma < Mc | We fail to reject the null hypothesis | NO |
Below Rs. 10,000 (Ma) and Rs. 50,000–Rs. 1,00,000 (Md) | H0:Ma = Md Ha:Ma < Md | We fail to reject the null hypothesis | NO |
Below Rs. 10,000 (Ma) and above Rs. 1,00,000 (Me) | H0:Ma = Me Ha:Ma < Me | We fail to reject the null hypothesis | NO |
Rs. 10,000–Rs. 25,000 (Mb) and Rs. 25,000–Rs. 50,000 (Mc) | H0:Mb = Mc Ha:Mb < Mc | We fail to reject the null hypothesis | NO |
Rs. 25,000–Rs. 50,000 (Mc) and Rs. 50,000–Rs. 1,00,000 (Md) | H0:Mc = Md Ha:Mc < Md | We fail to reject the null hypothesis | NO |
Rs. 50,000–Rs. 1,00,000 (Md) and above Rs. 1,00,000 (Me) | H0:Md = Me Ha:Md < Me | We fail to reject the null hypothesis | NO |
Appendix A.5
Test of significance of difference between mean happiness of male students and that of female students: (at 1% level of significance)
Hypotheses:
Null hypothesis: H0:Mm = Mf
Against alternative hypothesis: Ha:Mm > Mf
Here, Mm represents the mean level of happiness for males and Mf represents the mean level of happiness for females.
Variable | Number of observations | Mean of overall happiness | Sum of squares |
---|---|---|---|
Male | 229 | 17.1048 = Xm | 14.51528 = S 2m |
Female | 220 | 16.59091 = Xf | 19.06476 = S 2f |
Our alternative hypothesis implies that this is a one tailed test. At 1% level of significance, the critical region is Zcritical ≥ 2.33. The value of test statistic (Zobserved = 1.379359) does not lie in the critical region. As a result, we fail to reject the null hypothesis at 1% level of significance.
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Chakraborty, B., Maji, S., Sen, A. et al. A Study on Happiness and Related Factors Among Indian College Students. J. Quant. Econ. 17, 215–236 (2019). https://doi.org/10.1007/s40953-018-0125-8
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DOI: https://doi.org/10.1007/s40953-018-0125-8