Arbeitspapier
Evaluating Alternatives to GDP as Measures of Social Welfare/Progress
Proposed alternatives to GDP as a measure of social welfare or human progress are briefly evaluated. Four main categories are considered, namely ISEW and GPI based on corrections of GDP, sustainable or green(ed) GDP, genuine savings/investments and composite indexes. All these alternatives turn out to suffer from various shortcomings. Nevertheless, several of them represent a considerable improvement over GDP information in approximating social welfare. This gives support to the idea that we should not wait to give less importance and attention to GDP (per capita) information in public decision-making until a perfect alternative indicator is available.
- Language
-
Englisch
- Bibliographic citation
-
Series: WWWforEurope Working Paper ; No. 56
- Classification
-
Wirtschaft
Welfare Economics: General
Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
Macroeconomic Analyses of Economic Development
- Subject
-
Composite indicators
economic growth
externalities
genuine savings
green GDP
happiness
informal sector
information failure
ISEW
status goods
sustainable income
- Event
-
Geistige Schöpfung
- (who)
-
van den Bergh, Jeroen
Antal, Miklós
- Event
-
Veröffentlichung
- (who)
-
WWWforEurope
- (where)
-
Vienna
- (when)
-
2014
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- van den Bergh, Jeroen
- Antal, Miklós
- WWWforEurope
Time of origin
- 2014
Other Objects (12)
Green 'agrowth' as a third option: Removing the GDP-growth constraint on human progress
The impact of the financial-economic crisis on sustainability transitions: Financial investment, governance and public discourse
Labour Market Institutions and Regional Unemployment Disparities
Subjective well-being and socio-ecological transition
The challenges of EU governance and the quest for long-term growth
Civil society actors as drivers of socio-ecological transition? - Green spaces in European cities as laboratories of social innovation
Deepening the scope of the "economic model": Functionalities, structures, mechanisms, and institutions
Surveillance and Control of Fiscal Consolidation on a Supranational Level
Innovation in the energy sector
Modeling growth, distribution, and the environment in a stock-flow consistent framework
What Institutions help immigrants Integrate?
European integration as an underestimated success programme
Green 'agrowth' as a third option: Removing the GDP-growth constraint on human progress
The impact of the financial-economic crisis on sustainability transitions: Financial investment, governance and public discourse
Labour Market Institutions and Regional Unemployment Disparities
Subjective well-being and socio-ecological transition
The challenges of EU governance and the quest for long-term growth
Civil society actors as drivers of socio-ecological transition? - Green spaces in European cities as laboratories of social innovation
Deepening the scope of the "economic model": Functionalities, structures, mechanisms, and institutions
Surveillance and Control of Fiscal Consolidation on a Supranational Level
Innovation in the energy sector
Modeling growth, distribution, and the environment in a stock-flow consistent framework
What Institutions help immigrants Integrate?
European integration as an underestimated success programme
Green 'agrowth' as a third option: Removing the GDP-growth constraint on human progress
The impact of the financial-economic crisis on sustainability transitions: Financial investment, governance and public discourse
Labour Market Institutions and Regional Unemployment Disparities
Subjective well-being and socio-ecological transition
The challenges of EU governance and the quest for long-term growth
Civil society actors as drivers of socio-ecological transition? - Green spaces in European cities as laboratories of social innovation
Deepening the scope of the "economic model": Functionalities, structures, mechanisms, and institutions
Surveillance and Control of Fiscal Consolidation on a Supranational Level
Innovation in the energy sector
Modeling growth, distribution, and the environment in a stock-flow consistent framework
What Institutions help immigrants Integrate?