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@article{ART002995711},
author={CHONG WHA, LEE},
title={The Impact of General Trust on Subjective Well-being: A Comparative Analysis of Korea, Japan, and China Using Instrumental Variable Design},
journal={The Journal of Northeast Asia Research},
issn={2005-4432},
year={2023},
volume={38},
number={2},
pages={179-203},
doi={10.18013/jnar.2023.38.2.006}

TY - JOUR
AU - CHONG WHA, LEE
TI - The Impact of General Trust on Subjective Well-being: A Comparative Analysis of Korea, Japan, and China Using Instrumental Variable Design
JO - The Journal of Northeast Asia Research
PY - 2023
VL - 38
IS - 2
PB - The Institute for Northeast Asia Research
SP - 179
EP - 203
SN - 2005-4432
AB - This study analyzes the impact of general trust on subjective well-being (SWB) in Korea, Japan, and China using data from the World Value Survey. To address potential issues such as reverse causality (or endogeneity/simultaneity), where SWB may be causing the trust outcome, and omitted variables, where the observed association reflects a correlation between trust, SWB, and some unmeasured characteristic, the paper employs an instrumental variable design. This design allows for the interpretation of the findings as causal. Consequently, the study concludes that trust, instrumented by the highest education level and disbelief, has a significantly positive effect in these three countries, resulting in a much higher level of SWB than the ordinary OLS results. Specifically, this effect is even stronger in Korea and Japan than in China.
KW - Korea-Japan-China;Instrumental Variables;Endogeneity;Trust;Subjective Well-Being
DO - 10.18013/jnar.2023.38.2.006
ER -

CHONG WHA, LEE. (2023). The Impact of General Trust on Subjective Well-being: A Comparative Analysis of Korea, Japan, and China Using Instrumental Variable Design. The Journal of Northeast Asia Research, 38(2), 179-203.

CHONG WHA, LEE. 2023, "The Impact of General Trust on Subjective Well-being: A Comparative Analysis of Korea, Japan, and China Using Instrumental Variable Design", The Journal of Northeast Asia Research, vol.38, no.2 pp.179-203. Available from: doi:10.18013/jnar.2023.38.2.006

CHONG WHA, LEE "The Impact of General Trust on Subjective Well-being: A Comparative Analysis of Korea, Japan, and China Using Instrumental Variable Design" The Journal of Northeast Asia Research 38.2 pp.179-203 (2023) : 179.

CHONG WHA, LEE. The Impact of General Trust on Subjective Well-being: A Comparative Analysis of Korea, Japan, and China Using Instrumental Variable Design. 2023; 38(2), 179-203. Available from: doi:10.18013/jnar.2023.38.2.006

CHONG WHA, LEE. "The Impact of General Trust on Subjective Well-being: A Comparative Analysis of Korea, Japan, and China Using Instrumental Variable Design" The Journal of Northeast Asia Research 38, no.2 (2023) : 179-203.doi: 10.18013/jnar.2023.38.2.006

CHONG WHA, LEE. The Impact of General Trust on Subjective Well-being: A Comparative Analysis of Korea, Japan, and China Using Instrumental Variable Design. The Journal of Northeast Asia Research, 38(2), 179-203. doi: 10.18013/jnar.2023.38.2.006

CHONG WHA, LEE. The Impact of General Trust on Subjective Well-being: A Comparative Analysis of Korea, Japan, and China Using Instrumental Variable Design. The Journal of Northeast Asia Research. 2023; 38(2) 179-203. doi: 10.18013/jnar.2023.38.2.006

CHONG WHA, LEE. The Impact of General Trust on Subjective Well-being: A Comparative Analysis of Korea, Japan, and China Using Instrumental Variable Design. 2023; 38(2), 179-203. Available from: doi:10.18013/jnar.2023.38.2.006

CHONG WHA, LEE. "The Impact of General Trust on Subjective Well-being: A Comparative Analysis of Korea, Japan, and China Using Instrumental Variable Design" The Journal of Northeast Asia Research 38, no.2 (2023) : 179-203.doi: 10.18013/jnar.2023.38.2.006