Vienna Yearbook of Population Research 2021 Demographic Aspects of Human Wellbeing
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Verlag der Österreichischen Akademie der Wissenschaften Austrian Academy of Sciences Press
A-1011 Wien, Dr. Ignaz Seipel-Platz 2
Tel. +43-1-515 81/DW 3420, Fax +43-1-515 81/DW 3400 https://verlag.oeaw.ac.at, e-mail: verlag@oeaw.ac.at |
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DATUM, UNTERSCHRIFT / DATE, SIGNATURE
BANK AUSTRIA CREDITANSTALT, WIEN (IBAN AT04 1100 0006 2280 0100, BIC BKAUATWW), DEUTSCHE BANK MÜNCHEN (IBAN DE16 7007 0024 0238 8270 00, BIC DEUTDEDBMUC)
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Vienna Yearbook of Population Research 2021 Demographic Aspects of Human Wellbeing
ISSN 1728-4414
Print Edition ISSN 1728-5305 Online Edition ISBN 978-3-7001-8707-3 Print Edition ISBN 978-3-7001-8784-4 Online Edition Vienna Yearbook of Population Research 2021
2020, ONLINE FIRST
David E. Bloom,
Victoria Y. Fan,
Vadim Kufenko,
Osondu Ogbuoji,
Klaus Prettner,
Gavin Yamey
S. 127 - 140 Verlag der Österreichischen Akademie der Wissenschaften doi:10.1553/populationyearbook2021.res1.1
Abstract: Per capita GDP has limited use as a well-being indicator because it does notcapture many dimensions that imply a “good life”, such as health and equality ofopportunity. However, per capita GDP has the virtues of being easy to interpret andto calculate with manageable data requirements. Against this backdrop, there is aneed for a measure of well-being that preserves the advantages of per capita GDP,but also includes health and equality. We propose a new parsimonious indicatorto fill this gap, and calculate it for 149 countries. This new indicator could beparticularly useful in complementing standard well-being indicators during theCOVID-19 pandemic. This is because (i) COVID-19 predominantly affects olderadults beyond their prime working ages whose mortality and morbidity do notstrongly affect GDP, and (ii) COVID-19 is known to have large effects on inequalityin many countries. Keywords: beyond GDP; well-being; health; inequality; human development; lifetime income; COVID-19 Published Online: 2021/03/09 14:17:39 Object Identifier: 0xc1aa5576 0x003c4648 Rights: .
Debate
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Verlag der Österreichischen Akademie der Wissenschaften Austrian Academy of Sciences Press
A-1011 Wien, Dr. Ignaz Seipel-Platz 2
Tel. +43-1-515 81/DW 3420, Fax +43-1-515 81/DW 3400 https://verlag.oeaw.ac.at, e-mail: verlag@oeaw.ac.at |