Journal of Shariah Economics
Vol. 7 No. 2 (2025): Journal of Sharia Economics

Paradoks Kebahagiaan Dalam Pembangunan: Studi Regresi Data Panel Faktor Ekonomi dan Kesehatan di Negara-Negara Asia Timur

Veranika Nabila (Universitas Jambi)
Zulfanetti . (Universitas Jambi)
Etik Umiyati (Universitas Jambi)
Siti Hodijah (Universitas Jambi)
Nurhayani . (Universitas Jambi)



Article Info

Publish Date
18 Dec 2025

Abstract

This study aims to analyze the development of factors affecting the level of happiness in East Asian countries, namely Economic Growth, Unemployment, Education (Average Years of Schooling), Per Capita Income, and Health (Life Expectancy). The study employs descriptive analysis and panel data regression using the Fixed Effect Model (FEM) with secondary data from six East Asian countries Taiwan, Japan, South Korea, China, Mongolia, and Hongk ong covering the period 2014–2023. The results show that Economic Growth and Unemployment have a positive but insignificant effect on the Happiness Index, Education has a negative and significant effect, Per Capita Income has a positive and significant effect, while Health has a positive but insignificant effect. Based on the individual effects, Taiwan has the highest level of happiness, while Hongkong has the lowest due to high social and political pressures. Overall, development in East Asia has not yet fully improved happiness evenly across countries, indicating the need for policies focusing on social welfare and quality of life.

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Journal Info

Abbrev

JSE

Publisher

Subject

Religion Economics, Econometrics & Finance Education Social Sciences Other

Description

JOURNAL OF SHARIA ECONOMICS adalah jurnal ilmiah berkala yang dikelola dan diterbitkan oleh Program Studi Ekonomi Syariah Fakultas Ekonomi dan Bisnis Islam Universitas Al Hikmah Indonesia serta bekerja sama dengan Asosiasi Ekonom Islam Indonesia Jurnal ini berfokus pada kajian ekonomi dan ekonomi ...