Beyond GDP and back. What is the value-added by additional components of welfare measurement?

Autor/inn/en	Kassenboehmer, Sonja C.; Schmidt, Christoph M.
Institution	Forschungsinstitut zur Zukunft der Arbeit
Titel	Beyond GDP and back. What is the value-added by additional components of welfare measurement? Gefälligkeitsübersetzung: Jenseits des Bruttoinlandprodukts und zurück. Was ist der Mehrwert zusätzlicher Faktoren in der Wohlfahrtsmessung?
Quelle	Bonn (2011), 31 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	IZA discussion paper. 5453
Sprache	englisch
Dokumenttyp	online; Monographie
Schlagwörter	Bildungsniveau; Unsicherheit; Zufriedenheit; Soziale Beziehung; Sozialhilfe; Indikator; Gesundheitszustand; Messung; Friedenssicherung; Kriminalität; Lebensqualität; Sozialer Indikator; Umweltverschmutzung; Bruttoinlandsprodukt; Erwerbstätigkeit; Arbeitslosigkeit; Hochschulzugang
Abstract	"Recently, building on the highly polarizing Stiglitz report, a growing literature suggests that statistical offices and applied researchers explore other aspects of human welfare apart from material well-being, such as job security, crime, health, environmental factors and subjective perceptions. To explore the additional information of these indicators, we analyze data on the macro level from the German Federal Statistical Office combined with micro level data from the German SOEP (1991-2008) on the personal work situation and subjective feelings concerning several aspects of life. Employing the indicators suggested by the Stiglitz Report, we find that much of the variation in many well-being measures can indeed be captured well by the hard economic indicators as used in the literature, especially by GDP and the unemployment rate. This suggests that the hard indicators are still a reasonable and quite robust gauge of well-being of a country. And yet, we also see that these correlations are far from perfect, thus giving considerable hope that there is room for a broader statistical reporting." Die Untersuchung enthält quantitative Daten. Forschungsmethode: empirisch-quantitativ; empirisch; Sekundäranalyse. Die Untersuchung bezieht sich auf den Zeitraum 1991 bis 2008. (author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2011/3