Natural Capital, Ecosystem Services, and Subjective Wellbeing

Jarvis, Diane, Lignier, Philip, Kubiszewski, Ida, and Costanza, Robert (2023) Natural Capital, Ecosystem Services, and Subjective Wellbeing. In: Rieger, Elizabeth, Costanza, Robert, Kubiszewski, Ida, and Dugdale, Paul, (eds.) Toward an Integrated Science of Wellbeing. Oxford University Press, New York, NY, USA, pp. 401-435.

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Humans depend on the rest of nature for their health, wellbeing, and survival. Recent research has analysed the extent to which self-reported life satisfaction (as one form of subjective wellbeing) is related to various proxies for natural capital and ecosystem services. The authors of this chapter analysed 87 studies published between 2000 and 2019 that modelled different versions of this relationship around four basic themes: (1) degree of human intervention, (2) specific environmental goods and services, (3) adverse impacts, and (4) overarching indicators. Results showed that positive effects are most significant when there is a balance of natural, built, human, and social capital and that nonlinear relationships that incorporate this interaction may be most appropriate.

Item ID: 78737
Item Type: Book Chapter (Research - B1)
ISBN: 9780197567609
Keywords: nature and ecosystem services, human–nature system, social-economic-environmental system, life satisfaction, proxy indicators, natural capital
Copyright Information: © Oxford University Press 2023
Date Deposited: 13 Jun 2023 03:46
FoR Codes: 38 ECONOMICS > 3801 Applied economics > 380105 Environment and resource economics @ 50%
38 ECONOMICS > 3899 Other economics > 389902 Ecological economics @ 50%
SEO Codes: 15 ECONOMIC FRAMEWORK > 1599 Other economic framework > 159902 Ecological economics @ 75%
15 ECONOMIC FRAMEWORK > 1505 Microeconomics > 150509 Preference, behaviour and welfare @ 25%
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