IDEAS home Printed from https://ideas.repec.org/a/bla/revinw/v40y1994i3p251-72.html
   My bibliography  Save this article

Growth and Well-being: Introducing Distribution-Weighted Growth Rates to Reevaluate U.S. Post-war Economic Performance

Author

Listed:
  • Klasen, Stephan

Abstract

In order to improve on the income growth rate as an indicator of changes in well-being, four composite indices of growth and income distribution are introduced and compared. When applied to the United States postwar economic performance, these indicators significantly revise upward the welfare improvements during the 1960s, while for the 1980s they show little expansion and, for some measures, even reductions of well-being. The revisions implied by these conceptually different measures are very similar indicating that the results presented are considerably robust. Copyright 1994 by The International Association for Research in Income and Wealth.

Suggested Citation

  • Klasen, Stephan, 1994. "Growth and Well-being: Introducing Distribution-Weighted Growth Rates to Reevaluate U.S. Post-war Economic Performance," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 40(3), pages 251-272, September.
  • Handle: RePEc:bla:revinw:v:40:y:1994:i:3:p:251-72
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stephen P. Jenkins & Philippe Van Kerm, 2016. "Assessing Individual Income Growth," Economica, London School of Economics and Political Science, vol. 83(332), pages 679-703, October.
    2. Stephan Klasen & Nathalie Scholl & Rahul Lahoti & Sophie Ochmann & Sebastian Vollmer, 2016. "Inequality – Worldwide Trends and Current Debates," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers 209, Courant Research Centre PEG.
    3. Scott, Susan & Nolan, Brian & Fahey, Tony, 1996. "Formulating Environmental and Social Indicators for Sustainable Development," Research Series, Economic and Social Research Institute (ESRI), number PRS27.
    4. Bardhan, Kalpana & Klasen, Stephan, 1999. "UNDP's Gender-Related Indices: A Critical Review," World Development, Elsevier, vol. 27(6), pages 985-1010, June.
    5. Francisco Ferreira, 2010. "Distributions in motion: Economic growth, inequality, and poverty dynamics," Working Papers 183, ECINEQ, Society for the Study of Economic Inequality.
    6. Kakwani, Nanak & Neri, Marcelo Côrtes & Son, Hyun H., 2010. "Linkages Between Pro-Poor Growth, Social Programs and Labor Market: The Recent Brazilian Experience," World Development, Elsevier, vol. 38(6), pages 881-894, June.
    7. Stymne, Susanna & Jackson, Tim, 2000. "Intra-generational equity and sustainable welfare: a time series analysis for the UK and Sweden," Ecological Economics, Elsevier, vol. 33(2), pages 219-236, May.
    8. Nanak Kakwani & Marcelo Neri & Hyun H. Son, 2006. "Linkages between Pro-Poor Growth, Social Programmes and Labour Market: The Recent Brazilian Experience," Working Papers 26, International Policy Centre for Inclusive Growth.
    9. Mariano Torras, 2008. "The Subjectivity Inherent in Objective Measures of Well-Being," Journal of Happiness Studies, Springer, vol. 9(4), pages 475-487, December.
    10. Gruen, Carola & Klasen, Stephan, 2012. "Has transition improved well-being?," Economic Systems, Elsevier, vol. 36(1), pages 11-30.
    11. repec:gam:jsusta:v:9:y:2017:i:7:p:1230-:d:104550 is not listed on IDEAS

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:revinw:v:40:y:1994:i:3:p:251-72. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum). General contact details of provider: http://edirc.repec.org/data/iariwea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.