The Empirics of Social Progress: The Interplay between Subjective Well-Being and Societal Performance

Though economists have long recognized that GDP is not by itself a measure of societal well-being, most GDP alternatives incorporate direct measures of economic performance. We propose instead an independently constructed measure, a social progress index, focusing exclusively on noneconomic dimensio...

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Bibliographic Details
Main Authors: Fehder, Daniel Colin, Porter, Michael S., Stern, Scott
Other Authors: Sloan School of Management
Format: Article
Published: American Economic Association 2019
Online Access:http://hdl.handle.net/1721.1/121082
https://orcid.org/0000-0001-7851-5491
https://orcid.org/0000-0003-2328-3229