Well-Being Dimensions and Environmental Protection: The Role of Health, Life Satisfaction, and Financial Satisfaction

Abstract

This research examines the impact of individuals’ subjective well-being (SWB) on their likelihood of prioritizing environmental protection over economic growth. SWB is assessed through key indicators, including health status, life satisfaction, and financial satisfaction. The study utilizes data from the 7th wave of the World Values Survey (WVS), comprising 87,000 participants after accounting for missing observations. A binary logistic regression model is employed to analyze the dichotomous dependent variable. The analysis reveals that better health status increases the likelihood of prioritizing the environment. Financial satisfaction also positively influences environmental prioritization by reducing economic pressures, enabling support for sustainable policies. Similarly, life satisfaction enhances environmental prioritization, as content individuals focus on long-term collective goals, recognizing the importance of a healthy environment for well-being. These findings suggest that secure health, finances, and life satisfaction foster a broader perspective, encouraging pro-environmental attitudes and behaviors while balancing personal prosperity with societal benefits. The study highlights the role of well-being in promoting environmental stewardship and shaping sustainable development policies.

Keywords: Environment, Economic growth, Financial satisfaction, Life satisfaction, Health Outcome, Subjective wellbeing