, Volume 39, Issue 1, pp 61-81

The Effects of Climate on Welfare and Well-Being in Russia

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Abstract

This paper measures the concepts of welfare and well-being in Russia on the basis of two large Russian household surveys, carried out in 1993 and 1994. Welfare refers to satisfaction with income and well-being refers to satisfaction with life as a whole. This paper investigates how climate conditions in various parts of Russia affect the cost of living and well-being. Climate equivalence scales have been constructed for both welfare and well-being.