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For Good Measure : Advancing Research on Well-being Metrics Beyond GDP

Author

Listed:
  • Joseph Stiglitz

    (Columbia University [New York])

  • Jean-Paul Fitoussi

    (ECON - Département d'économie (Sciences Po) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique)

  • Martine Durand

    (OCDE - Organisation de Coopération et de Développement Economiques = Organisation for Economic Co-operation and Development)

Abstract

The 2009 Commission on the Measurement of Economic Performance and Social Progress ("Stiglitz-Sen-Fitoussi" Commission) concluded that we should move away from over-reliance on GDP when assessing a country's health, towards a broader dashboard of indicators that would reflect concerns such as the distribution of well-being and sustainability in all of its dimensions. This book includes contributions from members of the OECD-hosted High Level Expert Group on the Measurement of Economic Performance and Social Progress, the successor of the Stiglitz-Sen-Fitoussi Commission, and their co-authors on the latest research in this field. These contributions look at key issues raised by the 2009 Commission that deserved more attention, such as how to better include the environment and sustainability in our measurement system, and how to improve the measurement of different types of inequalities, of economic insecurity, of subjective well-being and of trust. A companion volume Beyond GDP: Measuring What Counts for Economic and Social Performance presents an overview by the co-chairs of the High Level Expert Group, Joseph E. Stiglitz, Jean-Paul Fitoussi and Martine Durand of the progress accomplished since the 2009 report, of the work conducted by the Group over the past five years, and of what still needs to be done.

Suggested Citation

  • Joseph Stiglitz & Jean-Paul Fitoussi & Martine Durand, 2018. "For Good Measure : Advancing Research on Well-being Metrics Beyond GDP," SciencePo Working papers Main hal-03945964, HAL.
    • Handle: RePEc:hal:spmain:hal-03945964
    DOI: 10.1787/9789264307278-en
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    Cited by:

    1. Rebecca Tunstall, 2023. "An empirical test of measures of housing degrowth: Learning from the limited experience of England and Wales, 1981–2011," Urban Studies, Urban Studies Journal Limited, vol. 60(7), pages 1285-1303, May.
    2. Castriota, Stefano & Rondinella, Sandro & Tonin, Mirco, 2023. "Does social capital matter? A study of hit-and-run in US counties," Social Science & Medicine, Elsevier, vol. 329(C).
    3. Ganau, Roberto & Rodríguez-Pose, Andrés, 2023. "Firm-level productivity growth returns of social capital: Evidence from Western Europe," CEPR Discussion Papers 17979, C.E.P.R. Discussion Papers.
    4. Roberto Ganau & Andrés Rodríguez‐Pose, 2023. "Firm‐level productivity growth returns of social capital: Evidence from Western Europe," Journal of Regional Science, Wiley Blackwell, vol. 63(3), pages 529-551, June.
    5. Peter Valet, 2023. "Perceptions of Pay Satisfaction and Pay Justice: Two Sides of the Same Coin?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 166(1), pages 157-173, February.
    6. Larry Dwyer, 2024. "‘Measuring What Matters’: Resident Well-Being and the Tourism Policy Cycle," Sustainability, MDPI, vol. 16(22), pages 1-19, November.
    7. Valerie Møller & Michelle Cocks & Susanne Vetter, 2023. "Nature-Connectedness and Well-Being Experienced During Best and Worst Times of Life: A Case for Safeguarding Biocultural Diversity," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 165(3), pages 1053-1089, February.
    8. Larry Dwyer, 2023. "Tourism Development to Enhance Resident Well-Being: A Strong Sustainability Perspective," Sustainability, MDPI, vol. 15(4), pages 1-16, February.

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