The Regional Index of Sustainable Economic Welfare for Flanders, Belgium
In this paper, the regional Index of Sustainable Economic Welfare (ISEW) is compiled for Flanders for the period 1990–2009. The ISEW is a measure of economic welfare in that it measures the contribution of a country’s or region’s economy to the overall level of well-being of its citizens. It does so by comparing the benefits and the costs of economic activities rather than simply looking at the market value of all final goods and services produced in an economy (Gross Domestic Product-GDP). The ISEW for Flanders shows that the per capita level of sustainable economic welfare in the region decreased between 1990 and 2009. The drop in the ISEW/capita is caused by a deterioration of the net international investment position of Belgium (which is divided over the different regions in the country on a per capita basis) and by an increase in the income inequalities in Flanders. To a lesser extent, the increase of the environmental costs (climate change and the use of non-renewable energy resources) also contributed to the decrease in the ISEW per capita. In the last four years of the study period, the level of sustainable economic welfare in the Flemish region started to rise again, even in 2008 and 2009 during the economic recession.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Posner, Stephen M. & Costanza, Robert, 2011. "A summary of ISEW and GPI studies at multiple scales and new estimates for Baltimore City, Baltimore County, and the State of Maryland," Ecological Economics, Elsevier, vol. 70(11), pages 1972-1980, September.
- Lawn, Philip A. & Sanders, Richard D., 1999. "Has Australia surpassed its optimal macroeconomic scale? Finding out with the aid of 'benefit' and 'cost' accounts and a sustainable net benefit index," Ecological Economics, Elsevier, vol. 28(2), pages 213-229, February.
- Bleys, Brent, 2008. "Proposed changes to the Index of Sustainable Economic Welfare: An application to Belgium," Ecological Economics, Elsevier, vol. 64(4), pages 741-751, February.
- Wen, Zongguo & Zhang, Kunmin & Du, Bin & Li, Yadong & Li, Wei, 2007. "Case study on the use of genuine progress indicator to measure urban economic welfare in China," Ecological Economics, Elsevier, vol. 63(2-3), pages 463-475, August.
- Max-Neef, Manfred, 1995. "Economic growth and quality of life: a threshold hypothesis," Ecological Economics, Elsevier, vol. 15(2), pages 115-118, November.
- Brent Bleys, 2012. "Beyond GDP: Classifying Alternative Measures for Progress," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 109(3), pages 355-376, December.
- Pulselli, Federico Maria & Ciampalini, Francesca & Tiezzi, Enzo & Zappia, Carlo, 2006.
"The index of sustainable economic welfare (ISEW) for a local authority: A case study in Italy,"
Elsevier, vol. 60(1), pages 271-281, November.
- Federico Maria Pulselli & Francesca Ciampalini & Enzo Tiezzi & Carlo Zappia, 2005. "The Index of Sustainable Economic Welfare (ISEW) for a Local Authority: A Case Study in Italy," Department of Economics University of Siena 449, Department of Economics, University of Siena.
- Lawn, Philip A., 2003. "A theoretical foundation to support the Index of Sustainable Economic Welfare (ISEW), Genuine Progress Indicator (GPI), and other related indexes," Ecological Economics, Elsevier, vol. 44(1), pages 105-118, February.
- Nourry, Myriam, 2008. "Measuring sustainable development: Some empirical evidence for France from eight alternative indicators," Ecological Economics, Elsevier, vol. 67(3), pages 441-456, October.
- Samuel Fankhauser, 1994. "The Social Costs of Greenhouse Gas Emissions: An Expected Value Approach," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 157-184.
- Pulselli, Federico M. & Bravi, Mirko & Tiezzi, Enzo, 2012. "Application and use of the ISEW for assessing the sustainability of a regional system: A case study in Italy," Journal of Economic Behavior & Organization, Elsevier, vol. 81(3), pages 766-778. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:5:y:2013:i:2:p:496-523:d:23310. 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: (XML Conversion Team)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.