CO2 Emissions and Subjective Well-Being: Empirical Evidence from The Southeast Asian Population

Moh. Wahyudi Priyanto(1*), Dian Eswin Wijayanti(2), Yahya Shafiyuddin Hilmi(3)

(1) Department of Agribusiness, Universitas Trunojoyo Madura, Bangkalan
(2) Department of Agribusiness, Universitas Trunojoyo Madura, Bangkalan
(3) Doctoral School of Economics and Regional Science, Hungarian University of Agriculture and Life Sciences, Gödöllő
(*) Corresponding Author

Abstract

An increasing amount of carbon dioxide (CO2) affects the planet and people. As a primary contributor to climate change, CO2 has been a subject of discussion among researchers. Many have been studying the complex relationship and impact of CO2. However, a study examining the influence of increased CO2 emissions on human subjective well-being is limited. This study aims to fill the gap by utilizing a sample of 9,724 Southeast Asians from the Seventh World Values Survey (2017-2021). Well-being is measured using a subjective approach, such as happiness and life satisfaction. The ordered probit regression analysis indicates that increased per capita CO2 emissions decrease happiness and life satisfaction. Additionally, the higher individuals' financial and health levels, the higher their relationship with their happiness and life satisfaction will be. This study encourages further research investigating a specific country's relationship between CO2 emissions and the well-being of its population.

Keywords

CO2 emission; subjective well-being; Southeast Asia; happiness; satisfaction

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DOI: 10.23917/jep.v25i1.23483

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