{"id":119040,"date":"2024-01-22T22:18:11","date_gmt":"2024-01-22T21:18:11","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/119040\/"},"modified":"2024-11-07T05:01:33","modified_gmt":"2024-11-07T04:01:33","slug":"evaluating-alternatives-to-gdp-as-measures-of-social-welfare-and-progress-wwwforeurope-working-paper-no-56","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/119040\/","title":{"rendered":"Evaluating Alternatives to GDP as Measures of Social Welfare and Progress. WWWforEurope Working Paper No. 56"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-119040","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Proposed alternatives to GDP as a measure of social welfare or human progress are briefly evaluated. Four main categories are considered: ISEW and GPI based on corrections of GDP, sustainable or green(ed) GDP, genuine savings or investments and composite indexes. All these alternatives turn out to suffer from various shortcomings. Nevertheless, several of them represent a considerable improvement over GDP information in approximating social welfare. This gives support to the idea that we should not wait to give less importance and attention to GDP (per capita) information in public decision making until a perfect alternative indicator is available.","onlinedate":"2014-03-26 12:00:00","lang":"English","publication_series":"WWWforEurope: Welfare, Wealth and Work for Europe","publication_date":"20140301","publication_date_year":"","publication_date_full":false,"publication_num_pages":"19","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":352584,"zip":null,"link":"","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"","publisher":"","invisible":false,"external":false,"embargo_date":"2014-03-26 12:00:00","types":[81966],"research_groups":[3655],"collaboration":"","persons":[11279,4907],"persons_data":"[{\"personId\":11279,\"personName\":\"Jeroen C.J.M. van den Bergh\",\"organisationNames\":[\"UAB\"]},{\"personId\":4907,\"personName\":\"Mikl\u00f3s Antal\",\"organisationNames\":[]}]","clients":[10692,10704,10722,32851],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Evaluating Alternatives to GDP as Measures of Social Welfare and Progress. WWWforEurope Working Paper No. 56 - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/119040\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Evaluating Alternatives to GDP as Measures of Social Welfare and Progress. 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