Alternative Measures of Well-Being:
This paper assesses if GDP per capita is an adequate proxy as a measure of wellbeing or whether other indicators are more suitable for this purpose. Within the national accounts framework, other better measures of economic resources exist, but they are closely correlated with GDP per capita and are...
Gespeichert in:
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2006
|
| Schriftenreihe: | OECD Economics Department Working Papers
no.476 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper assesses if GDP per capita is an adequate proxy as a measure of wellbeing or whether other indicators are more suitable for this purpose. Within the national accounts framework, other better measures of economic resources exist, but they are closely correlated with GDP per capita and are not as readily available. Illustrative calculations to ?extend? measures of economic resources to include leisure time, the sharing of income within households and distributional concerns suggest that cross-country ranking of based on these indicators and GDP per capita are generally similar, although they have evolved differently over time. Across OECD countries, levels of most measures of specific social conditions are significantly related to GDP per capita while changes over time are not. However, survey based data on happiness and life-satisfaction across OECD countries are only weakly related to levels of GDP per capita. Overall, measures of GDP per capita and economic growth remain critical for any assessment of wellbeing but they need to be complemented with measures of other dimensions of well-being to get a comprehensive picture of well-being. |
| Beschreibung: | 1 Online-Ressource (52 p.) 21 x 29.7cm. |
| DOI: | 10.1787/832614168015 |
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| spelling | Boarini, Romina VerfasserIn aut Alternative Measures of Well-Being Romina, Boarini, Åsa, Johansson and Marco, Mira d'Ercole = Indicateurs alternatifs du bien-être / Romina, Boarini, Åsa, Johansson et Marco, Mira d'Ercole Indicateurs alternatifs du bien-être Paris OECD Publishing 2006 1 Online-Ressource (52 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.476 This paper assesses if GDP per capita is an adequate proxy as a measure of wellbeing or whether other indicators are more suitable for this purpose. Within the national accounts framework, other better measures of economic resources exist, but they are closely correlated with GDP per capita and are not as readily available. Illustrative calculations to ?extend? measures of economic resources to include leisure time, the sharing of income within households and distributional concerns suggest that cross-country ranking of based on these indicators and GDP per capita are generally similar, although they have evolved differently over time. Across OECD countries, levels of most measures of specific social conditions are significantly related to GDP per capita while changes over time are not. However, survey based data on happiness and life-satisfaction across OECD countries are only weakly related to levels of GDP per capita. Overall, measures of GDP per capita and economic growth remain critical for any assessment of wellbeing but they need to be complemented with measures of other dimensions of well-being to get a comprehensive picture of well-being. Economics Johansson, Åsa MitwirkendeR ctb Mira d'Ercole, Marco MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/832614168015 Volltext |
| spellingShingle | Boarini, Romina Alternative Measures of Well-Being Economics |
| title | Alternative Measures of Well-Being |
| title_alt | Indicateurs alternatifs du bien-être |
| title_auth | Alternative Measures of Well-Being |
| title_exact_search | Alternative Measures of Well-Being |
| title_full | Alternative Measures of Well-Being Romina, Boarini, Åsa, Johansson and Marco, Mira d'Ercole = Indicateurs alternatifs du bien-être / Romina, Boarini, Åsa, Johansson et Marco, Mira d'Ercole |
| title_fullStr | Alternative Measures of Well-Being Romina, Boarini, Åsa, Johansson and Marco, Mira d'Ercole = Indicateurs alternatifs du bien-être / Romina, Boarini, Åsa, Johansson et Marco, Mira d'Ercole |
| title_full_unstemmed | Alternative Measures of Well-Being Romina, Boarini, Åsa, Johansson and Marco, Mira d'Ercole = Indicateurs alternatifs du bien-être / Romina, Boarini, Åsa, Johansson et Marco, Mira d'Ercole |
| title_short | Alternative Measures of Well-Being |
| title_sort | alternative measures of well being |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/832614168015 |
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