Özet:

Abstract To identify the household socio-economic characteristics influencing happiness in Armenia, Azerbaijan and Georgia, a logistic regression model was estimated for each country using the data from the Caucasus Barometer survey conducted by the regional offices of the Caucasus Research Resource Centers in 2013. The results of estimation show that health status, marital status, religion, and personal debt were statistically significant determinants of happiness in Armenia, Azerbaijan, and Georgia. Income was a significant determinant of happiness in Azerbaijan and Georgia. Age and household size variables were statistically significantly impacting happiness in Armenia. Believing in the presence of democracy in the country and education were found to be statistically significant determinants of happiness in Azerbaijan.

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