Citation

Wills-Herrera E, Orozco LE, Forero-Pineda C, Pardo O, Andonova V. J. Socio. Econ. 2011; 40(1): 88-96.

Copyright

(Copyright © 2011, Western Illinois University, Publisher Elsevier Publishing)

DOI

10.1016/j.socec.2010.08.002

PMID

unavailable

Abstract

Subjective well-being (SWB), the evaluation that people carry out of their lives, has been proposed as an alternative measure of tracking the development of communities instead of economic growth. As part of a more general research question, in which we tested the impact of subjective insecurity on the choice of hybrid organizational modes, we hypothesized that subjective insecurity does negatively correlate with SWB and that subjective and objective insecurities are not significantly correlated. Subjective insecurity consisted of three items: perceptions of political, economic and communitarian insecurity. We proposed that the relationship between insecurity and SWB is moderated by the level of social capital found in the region. Social capital was defined as inter-personal trust as well as the frequency of participation of producers in voluntary associations. We used multiple and multilevel regression models to test the hypotheses. Based on a survey of 742 rural producers in five conflicted areas we found that the perceptions of insecurity do correlate significantly (negatively) with levels of SWB and we also found a significant contribution of social capital to levels of SWB. Significant correlations between demographic variables and SWB corroborated results of previous research. These results have important implications for public policy and future research.