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Does Wealth Enhance Life Satisfaction for People Who are Materially Deprived? Exploring the Association among the Orang asli of Peninsular Malaysia

Author

Listed:
  • Colleen J. Howell

    (University of California, Riverside)

  • Ryan T. Howell

    (University of California, Riverside)

  • Kurt A. Schwabe

    (University of California, Riverside)

Abstract

Recent studies investigating need theory and the extent to which money can buy happiness have called for more research within culturally homogeneous samples from developing countries to explore this relationship. We examine wealth as a measure of possessions and savings and relate this to subjective well-being (SWB) among poor indigenous farmers in Peninsular Malaysia. With hierarchical multiple regression, we find that the association between wealth and life satisfaction, after controlling for demographic variables, is positive and significant, β = 0.24, p

Suggested Citation

  • Colleen J. Howell & Ryan T. Howell & Kurt A. Schwabe, 2006. "Does Wealth Enhance Life Satisfaction for People Who are Materially Deprived? Exploring the Association among the Orang asli of Peninsular Malaysia," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 76(3), pages 499-524, May.
    • Handle: RePEc:spr:soinre:v:76:y:2006:i:3:d:10.1007_s11205-005-3107-0
    DOI: 10.1007/s11205-005-3107-0
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    Cited by:

    1. Xing Ji & Jia Chen & Hongxiao Zhang, 2023. "Agricultural Specialization Threatens Sustainable Mental Health: Implications for Chinese Farmers’ Subjective Well-Being," Sustainability, MDPI, vol. 15(20), pages 1-22, October.
    2. Jantsch, Antje & Le Blanc, Julia & Schmidt, Tobias, 2022. "Wealth and subjective well-being in Germany," Discussion Papers 11/2022, Deutsche Bundesbank.
    3. Antje Jantsch & Julia Blanc & Tobias Schmidt, 2024. "Beyond Income: Exploring the Role of Household Wealth for Subjective Well-Being in Germany," Journal of Happiness Studies, Springer, vol. 25(7), pages 1-33, October.
    4. Rajat Deb, 2016. "Determinants of Savings in Sukanya Samriddhi Account: Evidence from Tripura," IIM Kozhikode Society & Management Review, , vol. 5(2), pages 120-140, July.
    5. Ozge Gokdemir, 2015. "Consumption, savings and life satisfaction: the Turkish case," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 62(2), pages 183-196, June.
    6. Qian Li & Xiaoguang Huang & Hanwen Zhang, 2023. "Exploring the Effects of Consumption Expenditures on Life Satisfaction in China," Journal of Happiness Studies, Springer, vol. 24(6), pages 1963-1990, August.
    7. Francisco Zorondo-Rodríguez & Mar Grau-Satorras & Jenu Kalla & Katie Demps & Erik Gómez-Baggethun & Claude García & Victoria Reyes-García, 2016. "Contribution of Natural and Economic Capital to Subjective Well-Being: Empirical Evidence from a Small-Scale Society in Kodagu (Karnataka), India," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 127(2), pages 919-937, June.
    8. Aguado, Mateo & González, José A. & Bellott, Kr'sna & López-Santiago, César & Montes, Carlos, 2018. "Exploring subjective well-being and ecosystem services perception along a rural–urban gradient in the high Andes of Ecuador," Ecosystem Services, Elsevier, vol. 34(PA), pages 1-10.
    9. Matt Vassar, 2008. "A note on the score reliability for the Satisfaction With Life Scale: an RG study," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 86(1), pages 47-57, March.
    10. Chris Sibley & Niki Harré & William Hoverd & Carla Houkamau, 2011. "The Gap in the Subjective Wellbeing of Māori and New Zealand Europeans Widened Between 2005 and 2009," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 104(1), pages 103-115, October.
    11. Siew Yap & Rozumah Baharudin, 2016. "The Relationship Between Adolescents’ Perceived Parental Involvement, Self-Efficacy Beliefs, and Subjective Well-Being: A Multiple Mediator Model," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 126(1), pages 257-278, March.
    12. Masferrer-Dodas, Elena & Rico-Garcia, Luis & Huanca, Tomás & Reyes-García, Victoria, 2012. "Consumption of market goods and wellbeing in small-scale societies: An empirical test among the Tsimane' in the Bolivian Amazon," Ecological Economics, Elsevier, vol. 84(C), pages 213-220.
    13. Song-Iee Hong & Chang-Keun Han, 2014. "Asset Impacts on Life Satisfaction in an Asset-Rich Country: Focusing on Older Adults in Singapore," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 118(1), pages 125-140, August.
    14. Cheah, Yong Kang & Tang, Chor Foon, 2013. "The Socio-Demographic Determinants Of Self-Rated Happiness: The Case Of Penang, Malaysia," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 54(1), pages 1-16, June.
    15. Dung Phuong Hoang & Thi Hong Hai Nguyen & Nham Linh Vuong & Dat Luong, 2023. "Linking psychological needs, perceived financial well-being and loyalty: the role of commercial banks," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 28(3), pages 466-487, September.
    16. Viren Swami & Tomas Chamorro-Premuzic, 2009. "Psychometric Evaluation of the Malay Satisfaction With Life Scale," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 92(1), pages 25-33, May.
    17. Fengyu Wu, 2020. "An Examination of the Effects of Consumption Expenditures on Life Satisfaction in Australia," Journal of Happiness Studies, Springer, vol. 21(8), pages 2735-2771, December.

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