Happiness and Productivity of Labor in Iran: Econometric Method and Systems Dynamic Approaches

Subject Areas : Bi-quarterly Journal of development economics and planning

Nematollah  Falihi-Pirbasti ¹ (Islamic Azad University, Central-Tehran Branch)
S.  Rahbari-Nezhad ² (Economic Specialist)

Received: 2016-03-01 Accepted : 2016-03-01 Published : 2012-08-22

Keywords: Iran, happiness, Labor Productivity, job security,

Abstract :

Thehappiness economic subject, like human capital and environmental economics, is very important from micro and macroeconomic perspectives, and effective on economic growth and productivity. The goals of this research are the study of labor happiness economics and factors affecting happiness economic index. Here the happiness is divided into the goods and intellectual happiness. The goods happiness was studied using literature, economic, and system dynamic model approaches whereas, intellectual happiness was analyzed using data collected by questionnaires. The effect of happiness on economic growth was analyzed, as well. In the system dynamic approach, such variables as pollution and householdexpenditure were usedan different general equilibrium scenarios were considered. The results showed that increase in the happiness caused increase in productivity of labor. Health, job satisfaction and feelings of job security caused positive impact on happiness feeling

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