Study on the Influence of Physical Exercise on Subjective Well-being——Empirical Analysis Based on Multiple Mediation Model
It is of great significance to explore the influence of physical exercise on subjective well-being to give full play to the role of sports in enabling a better life.CFPS(2020)survey data was adopted to explore the impact of physical exercise on subjective well-being,and further analyze the underlying mechanism from the aspects of health level,social interaction and identity.Physical exercise can effectively promote sub-jective well-being,and the test results of instrumental variable method show that the traditional OLS regres-sion results weaken the promoting effect of physical exercise on subjective well-being;Physical exercise can promote subjective well-being by improving health level,enhancing social interaction and enhancing identi-ty.Physical exercise can promote the subjective well-being of different social classes and urban and rural groups.