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The Index of Economic Well-Being

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  • Lars Osberg
  • Andrew Sharpe

Abstract

How best to measure a nation's well-being is attracting more attention. For a long time, some economists have argued that per capita GDP is not an adequate way to measure well-being, but few governments paid attention. In 2009, French president Nicolas Sarkozy appointed a commission to come up with a more rounded measure of people's welfare. In fact, the authors have been working on this issue for years. They present their methodology and findings here.

Suggested Citation

  • Lars Osberg & Andrew Sharpe, 2010. "The Index of Economic Well-Being," Challenge, Taylor & Francis Journals, vol. 53(4), pages 25-42.
  • Handle: RePEc:mes:challe:v:53:y:2010:i:4:p:25-42
    DOI: 10.2753/0577-5132530402
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    File URL: http://hdl.handle.net/10.2753/0577-5132530402
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    References listed on IDEAS

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    1. Andrew Sharpe & Lars Osberg, 2009. "New Estimates of the Index of Economic Well-being for Canada and the Provinces, 1981 - 2008," CSLS Research Reports 2009-10, Centre for the Study of Living Standards.
    2. Andrew Sharpe & Lars Osberg, 2009. "New Estimates of the Index of Economic Well-being for Selected OECD Countries, 1981 - 2007," CSLS Research Reports 2009-11, Centre for the Study of Living Standards.
    3. Lars Osberg & Andrew Sharpe, 2005. "How Should We Measure The "Economic" Aspects Of Well-Being?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 51(2), pages 311-336, June.
    4. Osberg, Lars & Sharpe, Andrew, 2002. "An Index of Economic Well-Being for Selected OECD Countries," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 48(3), pages 291-316, September.
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