This paper examines the effect of indicators like social support, healthy life expectancy, freedom to make life choices, generosity, corruption perception, real gross domestic product per capita and the Gini index on happiness.Our study uses a multidimensional approach that included a principal component analysis and an econometric approach through a linear regression. Examining 137 countries observed over the 2017–2019 period, we found that perception, taking care of other people, corruption perception, freedom to make life choices and healthy life expectancy are the most determining factors of social well-being.JEL Classification: C51, C83, D63, I31, P46.
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