This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

Journal of Economic Literature: Vol. 47 No. 4 (December 2009)

Expand

Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter Subscription Information
(Institutional Administrator Access)

Explore:

JEL - All Issues

JEL Forthcoming Articles JEL Indexes (Members Only)

Beyond GDP: The Quest for a Measure of Social Welfare

Article Citation

Fleurbaey, Marc. 2009. "Beyond GDP: The Quest for a Measure of Social Welfare." Journal of Economic Literature, 47(4): 1029-75.

DOI: 10.1257/jel.47.4.1029

Abstract

This paper critically examines the various approaches to the measurement of individual well-being and social welfare that have been considered for the construction of alternatives to GDP. Special attention is devoted to recent developments in the analysis of sustainability, in the study of happiness, in the theory of social choice and fair allocation, and in the capability approach. It is suggested in the conclusion that, although convergence toward a consensual approach is not impossible, for the moment not one but three alternatives to GDP are worth developing. ( JEL I31, E23, E01)

Article Full-Text Access

Full-text Article

Authors

Fleurbaey, Marc (U Paris V, Rene Descartes and CORE, Catholic U Louvain)

JEL Classifications

E01: Measurement and Data on National Income and Product Accounts and Wealth
E23: Macroeconomics: Production
I31: General Welfare


Journal of Economic Literature


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

JEL - All Issues

JEL - Forthcoming Articles

JEL Indexes (Members Only)


Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us