Gross domestic product (GDP) indicators are limited in their capacity to completely reflect socio-economic performances and need either alternative or complementary indicators. While alternative indicators to GDP might be useful, this chapter focuses on complementary ones, namely theories and empirical indicators that attempt to integrate GDP with other measures of welfare. Human development, stemming from the work of the Nobel Prize winner Amartya Sen, is one such indicator.
Contextualising Sustainability: Socio-Economic Dynamics, Technology and Policy
Massimiliano Mazzanti
Primo
;Marianna GilliSecondo
2018
Abstract
Gross domestic product (GDP) indicators are limited in their capacity to completely reflect socio-economic performances and need either alternative or complementary indicators. While alternative indicators to GDP might be useful, this chapter focuses on complementary ones, namely theories and empirical indicators that attempt to integrate GDP with other measures of welfare. Human development, stemming from the work of the Nobel Prize winner Amartya Sen, is one such indicator.File in questo prodotto:
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