An Analysis of the Role of Social Capital on Happiness: Evidence from Developing Countries

Document Type : Original Article

Authors
reza shamsollahi 1
Abbas Ghaedramat 2
1 Phd.Economic
2 PhD in Psychology, Faculty of Psychology and Educational Sciences, Allameh Tabatabaei University of Tehran, Tehran, Iran
10.22047/hsd.2025.543799.1104
Abstract
Today, happiness is one of the most important individual goals in human life. The presence of happiness and vitality in life requires identifying and understanding the factors affecting happiness. One of the factors affecting happiness is social capital. Therefore, the purpose of this study is to investigate the effect of social capital on happiness in a selection of developing countries during the period 2010-2023 using the generalized moments model (GMM). The results obtained indicate that the social capital index has had a positive and significant effect on happiness. So that by increasing so that a one percent increase in the social capital index has caused a 0.23 percent increase in happiness. Other findings of the study indicate that human capital and unemployment have had a negative effect on happiness. Per capita income has had a positive effect on happiness. The results obtained indicate that the social capital index has had a positive and significant effect on happiness. So that by increasing so that a one percent increase in the social capital index has caused a 0.23 percent increase in happiness. Other findings of the study indicate that human capital and unemployment have had a negative effect on happiness. Per capita income has had a positive effect on happiness. The results obtained indicate that the social capital index has had a positive and significant effect on happiness. So that by increasing so that a one percent increase in the social capital index has caused a 0.23 percent increase in happiness. Other findings of the study indicate that human capital and unemployment have had a negative effect on happiness. Per capita income has had a positive effect on happiness.
Keywords
Social capital
happiness
developing countries
GMM
iran
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Development of humanities
Volume 6, Issue 12 - Serial Number 12
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Volume 6, Autumn and Winter 2025-2026, No. 12
March 2026
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