Replication data for: Beyond GDP? Welfare across Countries and Time
Principal Investigator(s): View help for Principal Investigator(s) Charles I. Jones; Peter J. Klenow
Version: View help for Version V1
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| BeyondGDP-MatlabReplicationFiles | 10/11/2019 11:10:PM | ||
| BeyondGDP-StataReplicationFiles | 10/11/2019 11:09:PM | ||
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application/zip | 5.6 MB | 10/11/2019 07:09:PM |
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application/pdf | 164.8 KB | 10/11/2019 07:09:PM |
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application/zip | 228.9 KB | 10/11/2019 07:09:PM |
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application/vnd.ms-office | 93.5 KB | 10/11/2019 07:09:PM |
Citation:
Jones, Charles I., and Klenow, Peter J. Replication data for: Beyond GDP? Welfare across Countries and Time: 20110236_data. Nashville, TN: American Economic Association [publisher], 2016. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112861V1-124882
To view the citation for the overall project, see http://doi.org/10.3886/E112861V1.
Project Description
Summary:
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We propose a summary statistic for the economic well-being of people in a country. Our measure incorporates consumption, leisure, mortality, and inequality, first for a narrow set of countries using detailed micro data, and then more broadly using multi-country datasets. While welfare is highly correlated with GDP per capita, deviations are often large. Western Europe looks considerably closer to the United States, emerging Asia has not caught up as much, and many developing countries are further behind. Each component we introduce plays a significant role in accounting for these differences, with mortality being most important.
Scope of Project
JEL Classification:
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D63 Equity, Justice, Inequality, and Other Normative Criteria and Measurement
E21 Macroeconomics: Consumption; Saving; Wealth
E23 Macroeconomics: Production
E24 Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
I12 Health Behavior
O57 Comparative Studies of Countries
D63 Equity, Justice, Inequality, and Other Normative Criteria and Measurement
E21 Macroeconomics: Consumption; Saving; Wealth
E23 Macroeconomics: Production
E24 Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
I12 Health Behavior
O57 Comparative Studies of Countries
Related Publications
Published Versions
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