Socioeconomic Status and Quality of Life: An Assessment of the Mediating Effect of Social Capital

Socioeconomic status has been found to be a significant predictor of quality of life, with individuals of higher socioeconomic status reporting better quality of life. However, social capital may play a mediating role in this relationship. This study highlights the need for further research on the r...

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Main Authors: Jonathan Aseye Nutakor, Lulin Zhou, Ebenezer Larnyo, Stephen Addai-Danso, Debashree Tripura
Format: Article
Language:English
Published: MDPI AG 2023-03-01
Series:Healthcare
Subjects:
Online Access:https://www.mdpi.com/2227-9032/11/5/749
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author Jonathan Aseye Nutakor
Lulin Zhou
Ebenezer Larnyo
Stephen Addai-Danso
Debashree Tripura
author_facet Jonathan Aseye Nutakor
Lulin Zhou
Ebenezer Larnyo
Stephen Addai-Danso
Debashree Tripura
author_sort Jonathan Aseye Nutakor
collection DOAJ
description Socioeconomic status has been found to be a significant predictor of quality of life, with individuals of higher socioeconomic status reporting better quality of life. However, social capital may play a mediating role in this relationship. This study highlights the need for further research on the role of social capital in the relationship between socioeconomic status and quality of life, and the potential implications for policies aimed at reducing health and social inequalities. The study used a cross-sectional design with 1792 adults 18 and older from Wave 2 of the Study of Global AGEing and Adult Health. We employed a mediation analysis to investigate the relationship between socioeconomic status, social capital, and quality of life. The results showed that socioeconomic status was a strong predictor of social capital and quality of life. In addition to this, there was a positive correlation between social capital and quality of life. We found social capital to be a significant mechanism by which adults’ socioeconomic status influences their quality of life. It is crucial to invest in social infrastructure, encourage social cohesiveness, and decrease social inequities due to the significance of social capital in the connection between socioeconomic status and quality of life. To improve quality of life, policymakers and practitioners might concentrate on creating and fostering social networks and connections in communities, encouraging social capital among people, and ensuring fair access to resources and opportunities.
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spelling doaj.art-be778807482d4076bce8f47d14b81f5d2023-11-17T07:44:02ZengMDPI AGHealthcare2227-90322023-03-0111574910.3390/healthcare11050749Socioeconomic Status and Quality of Life: An Assessment of the Mediating Effect of Social CapitalJonathan Aseye Nutakor0Lulin Zhou1Ebenezer Larnyo2Stephen Addai-Danso3Debashree Tripura4School of Management, Jiangsu University, Zhenjiang 212013, ChinaSchool of Management, Jiangsu University, Zhenjiang 212013, ChinaCenter for Black Studies Research, University of California, Santa Barbara, CA 93106, USASchool of Management, Jiangsu University, Zhenjiang 212013, ChinaSchool of Management, Jiangsu University, Zhenjiang 212013, ChinaSocioeconomic status has been found to be a significant predictor of quality of life, with individuals of higher socioeconomic status reporting better quality of life. However, social capital may play a mediating role in this relationship. This study highlights the need for further research on the role of social capital in the relationship between socioeconomic status and quality of life, and the potential implications for policies aimed at reducing health and social inequalities. The study used a cross-sectional design with 1792 adults 18 and older from Wave 2 of the Study of Global AGEing and Adult Health. We employed a mediation analysis to investigate the relationship between socioeconomic status, social capital, and quality of life. The results showed that socioeconomic status was a strong predictor of social capital and quality of life. In addition to this, there was a positive correlation between social capital and quality of life. We found social capital to be a significant mechanism by which adults’ socioeconomic status influences their quality of life. It is crucial to invest in social infrastructure, encourage social cohesiveness, and decrease social inequities due to the significance of social capital in the connection between socioeconomic status and quality of life. To improve quality of life, policymakers and practitioners might concentrate on creating and fostering social networks and connections in communities, encouraging social capital among people, and ensuring fair access to resources and opportunities.https://www.mdpi.com/2227-9032/11/5/749socioeconomic statussocial capitalquality of lifeEUROHIS-QOL
spellingShingle Jonathan Aseye Nutakor
Lulin Zhou
Ebenezer Larnyo
Stephen Addai-Danso
Debashree Tripura
Socioeconomic Status and Quality of Life: An Assessment of the Mediating Effect of Social Capital
Healthcare
socioeconomic status
social capital
quality of life
EUROHIS-QOL
title Socioeconomic Status and Quality of Life: An Assessment of the Mediating Effect of Social Capital
title_full Socioeconomic Status and Quality of Life: An Assessment of the Mediating Effect of Social Capital
title_fullStr Socioeconomic Status and Quality of Life: An Assessment of the Mediating Effect of Social Capital
title_full_unstemmed Socioeconomic Status and Quality of Life: An Assessment of the Mediating Effect of Social Capital
title_short Socioeconomic Status and Quality of Life: An Assessment of the Mediating Effect of Social Capital
title_sort socioeconomic status and quality of life an assessment of the mediating effect of social capital
topic socioeconomic status
social capital
quality of life
EUROHIS-QOL
url https://www.mdpi.com/2227-9032/11/5/749
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AT stephenaddaidanso socioeconomicstatusandqualityoflifeanassessmentofthemediatingeffectofsocialcapital
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