Growth and Well-being: Introducing Distribution-Weighted Growth Rates to Reevaluate U.S. Post-war Economic Performance
Growth and Well-being: Introducing Distribution-Weighted Growth Rates to Reevaluate U.S. Post-war Economic Performance
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增长与福祉:引入分配加权增长率来重新评估美国战后经济表现
DOI:
10.1111/j.1475-4991.1994.tb00068.x
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发表时间:
1994
影响因子:
2
通讯作者:
Stephan Klasen
中科院分区:
文献类型:
--
作者:
Stephan Klasen
In order to improve on the income growth rate as an indicator of changes in well-being, four composite indices of growth and income distribution are introduced and compared. When applied to the United States postwar economic performance, these indicators significantly revise upward the welfare improvements during the 1960s, while for the 1980s they show little expansion and, for some measures, even reductions of well-being. The revisions implied by these conceptually different measures are very similar indicating that the results presented are considerably robust. Copyright 1994 by The International Association for Research in Income and Wealth.