TITLE:
The Capability Approach and Evaluation of the Well-Being in Senegal: An Operationalization with the Structural Equations Models
AUTHORS:
Felwine Sarr, Muhammad Ba
KEYWORDS:
Capabilities Approach, Well-Being, Structural Equations Models (SEM), Partial Linear Square-Path Modeling (PLS-PM)
JOURNAL NAME:
Modern Economy,
Vol.8 No.1,
January
20,
2017
ABSTRACT: This article uses the theoretical framework of the
capabilities approach to offer a structural assessment model of well-being in
the context of Senegal. To this end, we mobilize the Senegalese data (ESPS-II)
and an evaluation space including basic and central capabilities of [1] and [2], which are: living conditions, education and health body,
non-institutional support and good governance, on the
one hand, and the three dimensions of well-being (economic well-being, life
satisfaction and subjective well-being), on the other hand. With the modeling
technique by structural equations: PLS-PM (Partial Linear Square-Path
Modeling), we find that the estimation model of well-being
has built good predictive quality. In addition, it shows that the basic
capabilities (education, living conditions and health of the body) positively
determine well-being (economic well-being, subjective well-being and life
satisfaction). Also, economic well-being and life satisfaction positively
predict and cause subjective well-being. Contrariwise, non-institutional
support and good governance do not significantly cause subjective well-being.
Between these two capabilities, only good governance has a significant and
positive effect on life satisfaction.