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ResearchPaper
2020
Going beyond GDP with a parsimonious indicator
Going beyond GDP with a parsimonious indicator
inequality-adjusted healthy lifetime income
inequality-adjusted healthy lifetime income
Abstract (English)
Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a “good life,” such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can be calculated with manageable data requirements. Against this backdrop, a need exists for a measure of well-being that preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to fill this gap and calculate it for 149 countries.
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Publication series
Hohenheim discussion papers in business, economics and social sciences; 2020,01
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Faculty
Faculty of Business, Economics and Social Sciences
Institute
Institute of Economics
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Cite this publication
Yamey, G., Prettner, K., Ogbuoji, O., Kufenko, V., Fan, V. Y., & Bloom, D. E. (2020). Going beyond GDP with a parsimonious indicator : inequality-adjusted healthy lifetime income. https://hohpublica.uni-hohenheim.de/handle/123456789/6460
Edition / version
Citation
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ISBN
Language
English
Publisher
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Classification (DDC)
330 Economics
Original object
University bibliography
Free keywords
Standardized keywords (GND)
Sustainable Development Goals
BibTeX
@techreport{Yamey2020,
url = {https://hohpublica.uni-hohenheim.de/handle/123456789/6460},
author = {Yamey, Gavin and Prettner, Klaus and Ogbuoji, Osondu et al.},
title = {Going beyond GDP with a parsimonious indicator : inequality-adjusted healthy lifetime income},
year = {2020},
school = {Universität Hohenheim},
series = {Hohenheim discussion papers in business, economics and social sciences},
}