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New Estimates of the Index of Economic Well-being for Canada and the Provinces, 1981 - 2008

  • Andrew Sharpe

    ()

  • Lars Osberg

    ()

This report presents new estimates of the Index of Economic Well-being (IEWB) and its four domains (consumption flows, stocks of wealth, economic equality and economic security) for Canada and the provinces for the 1981-2008 period. It finds that the IEWB advanced at a 1.20 per cent average annual growth rate over the period, below the 1.58 per cent growth for GDP per capita. Both the consumption and wealth domains experienced solid advances over the period, but these developments were offset by declines in the equality and economic security domains. The IEWB addresses most of the recommendations of the recently released Commission for the Measurement of Economic Performance and Social Progress (the Stiglitz report) on what aspects of economic reality an index of economic well-being should capture.

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File URL: http://www.csls.ca/reports/csls2009-10.pdf
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Paper provided by Centre for the Study of Living Standards in its series CSLS Research Reports with number 2009-10.

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Date of creation: Dec 2009
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Handle: RePEc:sls:resrep:0910
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