11
of the dependent variable are not symmetric. For instance, transforming a Czech into a
Slovenian (Bulgarian) citizen raises the probability of answering “not at all satisfied” by 5%
(35%) and “not very satisfied” by 2% (reduces by 8%), and lowers the probability of falling
into the “very satisfied” category by 7% (28%). Apart from the country dummies, the
marginal effects have the same sign on the two lower categories, with the highest category
taking on the opposite sign. National differences are generally more important than variations
in individual economic and socio-demographic variables. For example, to keep the probability
of answering “very satisfied” constant after transforming a Czech into a Bulgarian citizen, he
needs to get a university degree and must enter the highest income quartile.
Table 3: Marginal effects of ordered logit model
Happiness categories: |
Not at all satisfied |
Not very satisfied |
Very satisfied |
Country dummies: | |||
Slovak Republic |
0.05 * |
0.02 * |
-0.07 ** |
Slovenia |
0.11 ** |
0.03 ** |
-0.14 ** |
Hungary |
0.21 ** |
0.001 |
-0.21 ** |
Poland |
0.25 ** |
-0.01 |
-0.24 ** |
Romania |
0.28 ** |
-0.04 * |
-0.25 ** |
Bulgaria |
0.35 ** |
-0.08 ** |
-0.28 ** |
Age effect: | |||
Age |
0.004 ** |
0.004 ** |
-0.01 ** |
Age squared |
-0.0001 ** |
-0.00005 ** |
0.0001 ** |
Marital status: | |||
Married |
-0.05 ** |
-0.03 ** |
0.08 ** |
Education: | |||
University |
-0.03 ** |
-0.04 ** |
0.07 ** |
Type of employment: | |||
Unemployed |
0.09 ** |
0.02 ** |
-0.12 ** |
Income quartiles | |||
Lower-middle quartile |
-0.02 ** |
-0.03 ** |
0.05 ** |
Upper-middle quartile |
-0.05 ** |
-0.06 ** |
0.10 ** |
Highest quartile |
-0.08 ** |
-0.12 ** |
0.20 ** |
More intriguing information
1. Foreign Direct Investment and Unequal Regional Economic Growth in China2. Handling the measurement error problem by means of panel data: Moment methods applied on firm data
3. Notes on an Endogenous Growth Model with two Capital Stocks II: The Stochastic Case
4. Developments and Development Directions of Electronic Trade Platforms in US and European Agri-Food Markets: Impact on Sector Organization
5. Explaining Growth in Dutch Agriculture: Prices, Public R&D, and Technological Change
6. IMPACTS OF EPA DAIRY WASTE REGULATIONS ON FARM PROFITABILITY
7. AGRICULTURAL TRADE IN THE URUGUAY ROUND: INTO FINAL BATTLE
8. The name is absent
9. The Provisions on Geographical Indications in the TRIPS Agreement
10. Reversal of Fortune: Macroeconomic Policy, International Finance, and Banking in Japan