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The Relationship between Economic Development and Social Welfare: A New Adjusted GDP Measure of Welfare

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  • Sardar Islam
  • Matthew Clarke

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  • Sardar Islam & Matthew Clarke, 2002. "The Relationship between Economic Development and Social Welfare: A New Adjusted GDP Measure of Welfare," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 57(2), pages 201-229, February.
    • Handle: RePEc:spr:soinre:v:57:y:2002:i:2:p:201-229
    DOI: 10.1023/A:1014481414637
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    1. William D. Nordhaus & James Tobin, 1973. "Is Growth Obsolete?," NBER Chapters, in: The Measurement of Economic and Social Performance, pages 509-564, National Bureau of Economic Research, Inc.
    2. Amartya Sen, 1976. "Real National Income," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 43(1), pages 19-39.
    3. Kevin W. S. Roberts, 1980. "Possibility Theorems with Interpersonally Comparable Welfare Levels," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(2), pages 409-420.
    4. Eric Neumayer, 1999. "The ISEW -- not an Index of Sustainable Economic Welfare," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 48(1), pages 77-101, September.
    5. Kjell A. Brekke, 1997. "Economic Growth and the Environment," Books, Edward Elgar Publishing, number 807.
    6. Hirschman,Albert O., 1981. "Essays in Trespassing," Cambridge Books, Cambridge University Press, number 9780521282437, October.
    7. Hammond, Peter J, 1976. "Equity, Arrow's Conditions, and Rawls' Difference Principle," Econometrica, Econometric Society, vol. 44(4), pages 793-804, July.
    8. Max-Neef, Manfred, 1995. "Economic growth and quality of life: a threshold hypothesis," Ecological Economics, Elsevier, vol. 15(2), pages 115-118, November.
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    Cited by:

    1. Andrés Rodríguez-Pose & Vassilis Tselios, 2015. "Toward Inclusive Growth," International Regional Science Review, , vol. 38(1), pages 30-60, January.
    2. Brennan, Andrew John, 2008. "Theoretical foundations of sustainable economic welfare indicators -- ISEW and political economy of the disembedded system," Ecological Economics, Elsevier, vol. 67(1), pages 1-19, August.
    3. Thai, Mai Thi Thanh & Turkina, Ekaterina, 2014. "Macro-level determinants of formal entrepreneurship versus informal entrepreneurship," Journal of Business Venturing, Elsevier, vol. 29(4), pages 490-510.
    4. Matthew Clarke & Sardar M.N. Islam, 2005. "The relationship between national income and health: a new measure applied to Bangkok," Progress in Development Studies, , vol. 5(3), pages 182-198, July.
    5. Gregory S. Miller, 2006. "The Press as a Watchdog for Accounting Fraud," Journal of Accounting Research, Wiley Blackwell, vol. 44(5), pages 1001-1033, December.
    6. Gabriel Asante, 2023. "The Politics of Social Policy in Sub-Saharan Africa: A Configurational Approach to Fee-Free Policies at the High School Level," SAGE Open, , vol. 13(3), pages 21582440231, July.
    7. Satish Kumar & Filomena Maggino & Raj V. Mahto & Riya Sureka & Leonardo Salvatore Alaimo & Weng Marc Lim, 2022. "Social Indicators Research: A Retrospective Using Bibliometric Analysis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 162(1), pages 413-448, July.
    8. Daneshzand, Farzaneh & Asali, Mehdi & Al-Sobhi, Saad A. & Diabat, Ali & Elkamel, Ali, 2022. "A simulation-based optimization scheme for phase-out of natural gas subsidies considering welfare and economic measures," Energy, Elsevier, vol. 259(C).
    9. Wang, Hanjie & Feil, Jan-Henning & Yu, Xiaohua, 2023. "Let the data speak about the cut-off values for multidimensional index: Classification of human development index with machine learning," Socio-Economic Planning Sciences, Elsevier, vol. 87(PA).
    10. Kalimeris, Panos & Bithas, Kostas & Richardson, Clive & Nijkamp, Peter, 2020. "Hidden linkages between resources and economy: A “Beyond-GDP” approach using alternative welfare indicators," Ecological Economics, Elsevier, vol. 169(C).
    11. Seyed Hossein Mohaqeqi Kamal & Mehdi Basakha & Gholamreza Ghaedamini Harouni, 2018. "Women’s Well-Being in Iran: Territorial Analysis Using a Multidimensional Approach," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 137(3), pages 1061-1072, June.
    12. Matthew Clarke & Sardar M. N. Islam, 2003. "Health Adjusted GDP (HAGDP) Measures of the Relationship Between Economic Growth, Health Outcomes and Social Welfare," CESifo Working Paper Series 1002, CESifo.
    13. Andrew Leigh, 2009. "Precipitation, Profits, and Pile-Ups," CEPR Discussion Papers 629, Centre for Economic Policy Research, Research School of Economics, Australian National University.
    14. Audi, Marc & Poulin, Marc & Ali, Amjad, 2023. "Determinants of Human Wellbeing and its Prospect Under the Role of Financial Inclusion in South Asian Countries," MPRA Paper 120119, University Library of Munich, Germany.
    15. Jiquan Chen & Ranjeet John & Changliang Shao & Zutao Ouyang & Elizabeth A. Mack & Geoffrey M. Henebry & Gang Dong & Ginger R. H. Allington & Amber L. Pearson & Fangyuan Zhao & David P. Roy & Peilei Fa, 2021. "Towards a Single Integrative Metric on the Dynamics of Social-Environmental Systems," Sustainability, MDPI, vol. 13(20), pages 1-17, October.
    16. Xinru Miao & Shaopeng Wang & Jiqin Han & Zhaoyi Ren & Teng Ma & Henglang Xie, 2024. "The Regional Heterogeneity of the Impact of Agricultural Market Integration on Regional Economic Development: An Analysis of Pre-COVID-19 Data in China," Sustainability, MDPI, vol. 16(5), pages 1-33, February.
    17. David Collste & Sarah E Cornell & Jorgen Randers & Johan Rockström & Per Espen Stoknes, 2021. "Human well-being in the Anthropocene: limits to growth," Post-Print hal-03481110, HAL.
    18. Milorad Kovacevic, 2010. "Review of HDI Critiques and Potential Improvements," Human Development Research Papers (2009 to present) HDRP-2010-33, Human Development Report Office (HDRO), United Nations Development Programme (UNDP).
    19. Clarke, Matthew & Islam, Sardar M. N., 2003. "Measuring social welfare: application of social choice theory," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 32(1), pages 1-15, March.

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    Keywords

    Development; GDP; Thailand; Welfare;
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