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Del concepto de crecimiento económico al de desarrollo y bienestar de las naciones: Una aplicación a la Unión Europea
[From economic growth to development and welfare of nations: An application to the European Union]

Listed author(s):
  • Prada, Albino
  • Sanchez-Fernandez, Patricio

In this paper, the attributes and variables that characterize the development and welfare of rich countries (EU27) are reviewed. The relationship between the wealth levels and some estimates using synthetic indices of social development is analyzed (SDI). For this purpose, we firstly use the indicators estimated by UNDP. Afterwards, we turn to complementary estimators using UNDP methodology and multivariate statistical methods (factor analysis and distance P2). Our main conclusion is that there is a mismatch between per capita GDP and social development indicators. This fact justifies a review of the key instruments used for assessing and comparing the levels of economic welfare. En este trabajo se revisan los atributos y variables que caracterizan el desarrollo y bienestar social en países de elevado nivel de riqueza (UE27). Se analiza la relación entre su posición en términos de riqueza material y la derivada de distintas estimaciones de índices sintéticos de desarrollo social (IDS). Para ello se utilizan, en primer lugar, los indicadores estimados por el PNUD. A continuación recurrimos a estimadores complementarios mediante la propia metodología PNUD y métodos estadísticos multivariantes y de distancias (análisis factorial y distancia P2). Nuestra conclusión principal es que el nivel de PIB per cápita y el de desarrollo social se muestran desacoplados, lo que justifica y motiva una revisión de los instrumentos dominantes a la hora de evaluar y comparar en el tiempo y el espacio los niveles de bienestar económico.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 54764.

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Date of creation: 24 Mar 2014
Handle: RePEc:pra:mprapa:54764
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  1. Nayak, Purusottam & Mishra, SK, 2012. "Efficiency of Pena’s P2 Distance in Construction of Human Development Indices," MPRA Paper 39022, University Library of Munich, Germany.
  2. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 107(2), pages 407-437.
  3. J.-P. Boissin & A. Fayolle & Karim Messeghem, 2012. " Editorial ," Post-Print halshs-00783612, HAL.
  4. 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.
  5. D. Haughton & Chr. Biernacki & A. Lendasse & E. Masson & E. Severin, 2011. "Editorial," Post-Print hal-00801860, HAL.
  6. Lafuente Lechuga , Matilde & Faura Martínez, Úrsula, 2012. "Estudio de la vulnerabilidad a la exclusión social por Comunidades Autónomas en España (2005-2009)," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 23, pages 105-124.
  7. Sagar, Ambuj D. & Najam, Adil, 1998. "The human development index: a critical review," Ecological Economics, Elsevier, vol. 25(3), pages 249-264, June.
  8. N/A, 2011. "Editorial," Journal of Interdisciplinary Economics, , vol. 23(3-4), pages 1-1, July.
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