Production and Welfare: Progress in Economic Measurement

Production and Welfare: Progress in Economic Measurement
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DOI:
10.1257/jel.20171358
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发表时间:
2018-09-01
影响因子:
12.6
通讯作者:
Jorgenson, Dale W.
Jorgenson, Dale W.
中科院分区:
经济学1区
文献类型:
--
作者:
Jorgenson, Dale W.

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虽然GDP的创始者打算将其作为衡量生产的指标,但国民账户中缺乏衡量福利的指标,导致了广泛滥用GDP来代替福利。为了评价经济政策变化的结果和评价结果,需要福利措施。描述收入分配的概念,如贫困和不平等,属于福利而不是生产的范围。本文主要回顾了在国民核算范围内衡量生产和福利的最新进展,主要是在美国和国际组织。将这一框架扩大到国民核算之外,在衡量生产和福利方面产生了重要的创新。
While the GDP was intended by its originators as a measure of production, the absence of a measure of welfare in the national accounts has led to widespread misuse of the GDP to proxy welfare. Measures of welfare are needed to appraise the outcomes of changes in economic policies and evaluate the results. Concepts that describe the income distribution, such as poverty and inequality, fall within the scope of welfare rather than production. This paper reviews recent advances in the measurement of production and welfare within the national accounts, primarily in the United States and international organizations. Expanding the framework beyond the national accounts has led to important innovations in the measurement of both production and welfare.