An Empirical Study on the Economic Foundations of General Life Satisfaction

Authors

  • Pramshu Nepal Author
  • Binod Ghimire Author

Keywords:

Economic Development, Institutional Resilience, Regulatory Practices, Satisfaction Disparities, Sustainable Practices

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.

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Published

2026-05-02

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