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Economic Welfare Measurements and Human Well-Being

Author

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  • Avner Offer

    () (Nuffield College, Oxford)

Abstract

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 subjective well-being. All of these methods indicate a decline in the welfare productivity of GDP goods over time.

Suggested Citation

  • Avner Offer, 2000. "Economic Welfare Measurements and Human Well-Being," Oxford University Economic and Social History Series _034, Economics Group, Nuffield College, University of Oxford.
  • Handle: RePEc:nuf:esohwp:_034
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    File URL: http://www.economics.ox.ac.uk/materials/papers/2270/offer34.pdf
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    References listed on IDEAS

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    Cited by:

    1. Richard H. Steckel, 2004. "Fluctuations in a Dreadful Childhood: Synthetic Longitudinal Height Data, Relative Prices and Weather in the Short-Term Health of American Slaves," NBER Working Papers 10993, National Bureau of Economic Research, Inc.
    2. Cormac Ó Gráda, 2005. "You take the high road and I’ll take the low road : economic success and wellbeing in the longer run," Working Papers 200510, School of Economics, University College Dublin.
    3. Pablo Astorga, Ame R. Berges and Valpy FitzGerald, "undated". "The Standard of Living in Latin America During the Twentieth Century," QEH Working Papers qehwps103, Queen Elizabeth House, University of Oxford.
    4. Walter Eltis, 2001. "Lord Overstone and the Establishment of British Nineteenth-Century Monetary Orthodoxy," Economics Series Working Papers 2001-W42, University of Oxford, Department of Economics.
    5. Regina Grafe & Camilla Brautaset, 2006. "The Quiet Transport Revolution: Returns to Scale, Scope and Network Density in Norway`s Nineteenth-Century Sailing Fleet," Economics Series Working Papers 2006-W62, University of Oxford, Department of Economics.
    6. Nwachukwu, Ifeanyi & Ehumadu, Felix & Mejeha, Remy & Nwaru, Jude & Agwu, Nnanna & Onwumere, Joe, 2008. "Empirical Assessment of Nigeria’s Agricultural Export and Economic Welfare," MPRA Paper 12636, University Library of Munich, Germany.
    7. repec:bla:revinw:v:63:y:2017:i::p:s223-s237 is not listed on IDEAS
    8. Vecchi, Giovanni & Coppola, Michela, 2006. "Nutrition and growth in Italy, 1861-1911: What macroeconomic data hide," Explorations in Economic History, Elsevier, vol. 43(3), pages 438-464, July.
    9. 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.
    10. Alasdair Crockett, 2000. "Variations in Churchgoing Rates in England in 1851: Supply-side Deficiency or Demand-led Decline," Oxford University Economic and Social History Series _036, Economics Group, Nuffield College, University of Oxford.
    11. Guillaume Daudin, 2008. "Domestic Trade and Market Size in Late Eighteenth-Century France," Economics Series Working Papers 69, University of Oxford, Department of Economics.
    12. Bértola, Luis & Camou, María & Maubrigades, Silvana & Melgar, Natalia, 2008. "Human development and inequality in the 20th Century : the Mercosur countries in a comparative perspective," IFCS - Working Papers in Economic History.WH wp08-06, Universidad Carlos III de Madrid. Instituto Figuerola.
    13. J.Humphries & T. Leunig, 2007. "Cities, Market Integration and Going to Sea: Stunting and the standard of living in early nineteenth-century England and Wales," Oxford University Economic and Social History Series _066, Economics Group, Nuffield College, University of Oxford.
    14. Leandro Conte & Giuseppe Della Torre & Michelangelo Vasta, 2007. "The Human Development Index in Historical Perspective: Italy from Political Unification to the Present Day," Department of Economics University of Siena 491, Department of Economics, University of Siena.
    15. Mohammad Niaz Asadullah, 2006. "Educational Disparity in East and West Pakistan, 1947–71: Was East Pakistan Discriminated Against?," Oxford University Economic and Social History Series _063, Economics Group, Nuffield College, University of Oxford.
    16. Robert Dryburgh, 2003. "Individual, Illegal, and Unjust Purposes': Overseers, Incentives, and the Old Poor Law in Bolton, 1820-1837," Oxford University Economic and Social History Series _050, Economics Group, Nuffield College, University of Oxford.
    17. Regina Grafe, 2004. "Popish habits vs. nutritional need: Fasting and fish consumption in Iberia in the early modern period," Economics Series Working Papers 2004-W55, University of Oxford, Department of Economics.
    18. Natalia Mora-Sitja, 2006. "Exploring Changes in Earnings Inequality during Industrialization: Barcelona, 1856-1905," Economics Series Working Papers 2006-W61, University of Oxford, Department of Economics.
    19. 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.
    20. Jane Humphries, 2006. ""Because they are too menny..." Children, Mothers and Fertility Decline: The Evidence from Working-Class Autobiographies of the Eighteenth and Nineteenth Centuries," Oxford University Economic and Social History Series _064, Economics Group, Nuffield College, University of Oxford.
    21. Walter Eltis, 2001. "Lord Overstone and the Establishment of British Nineteenth-Century Monetary Orthodoxy," Oxford University Economic and Social History Series _042, Economics Group, Nuffield College, University of Oxford.
    22. Diane Coyle, 2015. "Talking about the National Accounts: Statistics and the Democratic Conversation," The School of Economics Discussion Paper Series 1506, Economics, The University of Manchester.
    23. repec:oxf:wpaper:69.2 is not listed on IDEAS
    24. Ame Bergés & Valpy Fitzgerald, 2004. "The Standard of Living in Latin America During the Twentieth Century," Economics Series Working Papers 2004-W54, University of Oxford, Department of Economics.
    25. Alexandre Debs, 2003. "The Source of Walras`s Idealist Bias: A Review of Koppl`s Solution to the Walras Paradox," Economics Series Working Papers 2003-W49, University of Oxford, Department of Economics.

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