{"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":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_bookanthology rendering_apa rendering_bookanthology_apa\\\">van den Bergh, J. C. J. M.<span>, &amp; Antal, M.<\\\/span> (2014). <span><em>Evaluating Alternatives to GDP as Measures of Social Welfare and Progress. WWWforEurope Working Paper No. 56<\\\/em><\\\/span>. (WWWforEurope: Welfare, Wealth and Work for Europe). WIFO, Universitat Aut\u00f2noma de Barcelona. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/47188\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/47188<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_bookanthology rendering_vancouver rendering_bookanthology_vancouver\\\">van den Bergh JCJM<span>, Antal M<\\\/span>. <span class=\\\"title\\\"><span>Evaluating Alternatives to GDP as Measures of Social Welfare and Progress. WWWforEurope Working Paper No. 56<\\\/span><\\\/span>. WIFO, Universitat Aut\u00f2noma de Barcelona; 2014.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_bookanthology rendering_bibtex rendering_bookanthology_bibtex\\\"><div>@book{e448b73ff23446d6bc5bed8955569abc,<\\\/div><div>  title     = \\\"Evaluating Alternatives to GDP as Measures of Social Welfare and Progress. WWWforEurope Working Paper No. 56\\\",<\\\/div><div>  abstract  = \\\"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.\\\",<\\\/div><div>  author    = \\\"\\\\{van den Bergh\\\\}, \\\\{Jeroen C.J.M.\\\\} and Mikl{\\\\'o}s Antal\\\",<\\\/div><div>  note      = \\\"Alternatives to GDP as Measures of Social Welfare and Progress\\\",<\\\/div><div>  year      = \\\"2014\\\",<\\\/div><div>  month     = mar,<\\\/div><div>  language  = \\\"English\\\",<\\\/div><div>  series    = \\\"WWWforEurope: Welfare, Wealth and Work for Europe\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_bookanthology rendering_ris rendering_bookanthology_ris\\\"><p>TY  - BOOK<\\\/p><p>T1  - Evaluating Alternatives to GDP as Measures of Social Welfare and Progress. WWWforEurope Working Paper No. 56<\\\/p><p>AU  - van den Bergh, Jeroen C.J.M.<\\\/p><p>AU  - Antal, Mikl\u00f3s<\\\/p><p>N1  - Alternatives to GDP as Measures of Social Welfare and Progress<\\\/p><p>PY  - 2014\\\/3<\\\/p><p>Y1  - 2014\\\/3<\\\/p><p>N2  - 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. 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