An Empirical Study on The Economic Foundations of General Life Satisfaction

This study examines how people's health status, work-life balance, civic involvement and governance, environmental quality, personal security, and subjective well-being affect their overall life satisfaction.The study used a quantitative approach with descriptive and causal-comparative methodologies, with data collected via a structured questionnaire from 406 people across Nepal.The poll looks at various aspects of life fulfilment, including health, work-life balance, civic involvement, environmental quality, subjective well-being, and personal safety.Statistical studies of alpha tests, variance inflation factors, Durbin-Watson statistics, descriptive statistics, Pearson correlation, and multiple regression were conducted with SPSS V26.The data indicate that health status, environmental quality, and subjective well-being significantly impact life satisfaction.Work-life balance and personal security also contribute to the life satisfaction of the economically active age group.According to the report, economists should fight for general well-being at the policy level by increasing national income and improving health services, environmental circumstances, and work-life balance.Additional research is necessary to validate these findings and investigate other relevant factors.

Publication Details

Journal
Journal of Service Innovation and Sustainable Development
Published
2024-09-22
DOI
https://doi.org/10.33168/sisd.2024.0107
Primary Topic
Psychological Well-being and Life Satisfaction
Type
article
Field-Weighted Citation Impact
0.00
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article

An Empirical Study on The Economic Foundations of General Life Satisfaction

Journal of Service Innovation and Sustainable Development
Psychological Well-being and Life Satisfaction
article

An Empirical Study on The Economic Foundations of General Life Satisfaction

article en

Abstract

This study examines how people's health status, work-life balance, civic involvement and governance, environmental quality, personal security, and subjective well-being affect their overall life satisfaction.The study used a quantitative approach with descriptive and causal-comparative methodologies, with data collected via a structured questionnaire from 406 people across Nepal.The poll looks at various aspects of life fulfilment, including health, work-life balance, civic involvement, environmental quality, subjective well-being, and personal safety.Statistical studies of alpha tests, variance inflation factors, Durbin-Watson statistics, descriptive statistics, Pearson correlation, and multiple regression were conducted with SPSS V26.The data indicate that health status, environmental quality, and subjective well-being significantly impact life satisfaction.Work-life balance and personal security also contribute to the life satisfaction of the economically active age group.According to the report, economists should fight for general well-being at the policy level by increasing national income and improving health services, environmental circumstances, and work-life balance.Additional research is necessary to validate these findings and investigate other relevant factors.

Journal of Service Innovation and Sustainable Development
Openalex Percentile: Top 63%
Psychological Well-being and Life Satisfaction
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