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...

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Tác giả chính: Offer, A
Định dạng: Working paper
Ngôn ngữ:English
Được phát hành: Nuffield College (University of Oxford) 2000