Economic Welfare Measurements and Human Well-Being.
GDP per head is not only an economic indicator, but is widely used as a welfare indicator. This use not well founded in economic theory. The paper compares income per head with a three groups of alternative indicators: 'extended national accounts', social indicators, and indicators of subj...
1. autor: | Offer, A |
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Format: | Working paper |
Język: | English |
Wydane: |
Nuffield College (University of Oxford)
2000
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