The Construction Of The Urban Residents’ Happiness Index And The Analysis Of The Index’s Influencing Factors

The happiness index is a complex and multi-dimensional concept and it reveals people’s subjective evaluation of the living conditions. The happiness index based on the material conditions of people’s lives is associated with people’s mental state, the social development and social values. With the rapid development of China’s social and economic stability and continuous improvement of living standards, happiness becomes the central issue of the society eventually. Happiness has attracted great attention of the broad masses of the people as well as all levels of government. The happiness index has played a crucial role in reflecting the level of social development. That is, it is an analysis tool for measuring the changes in well-being conditions. The happiness index also has a very important social significance in measuring of social operating mechanisms and people’s life satisfaction. How to resolve the livelihood issues better, raise the level of residents’ well-being and speed up the construction of a socialist harmonious society have become the government’s important policy objectives. Constructing a reasonable and scientific index system to make a quantitative analysis of the happiness index is a very effective way to measure the happiness index. Combined with the related theory and research, we are going to construct a questionnaire with good reliability and validity, and use the factor analysis method to analyze the data of the questionnaire to extract four levels of the happiness index. Let these four levels be the inherent potential variables of the structural equation model. The path coefficients of the structural equation model can reflect the degree of the influencing factors of the happiness index. Based on these coefficients and the standard of scientific, rationality, comprehensiveness, we pick20indexes to form the happiness index objective evaluation index system. Compose the subjective happiness index based on the analysis results of the structural equation model and get the final happiness index by combine the subjective and objective index. This final happiness index can truly reflect the happiness state of the urban residents and formulate policy measures by the government to improve residents’ happiness level. The research on the happiness index would promote the mutual integration of traditional disciplines and create a more liberal pattern of study. It can also motivate the integration of research methods and the innovation of research.