The Four Approaches to Measuring Wellbeing

John Hawkins

    Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

    Abstract

    There are essentially four approaches to constructing a better measure than GDP of whether the nation is making true progress in improving wellbeing; adjusting GDP to make it more suitable, replacing it with a ‘dashboard’ of alternative indicators, weighting these alternative indicators to form a composite indicator, and using peoples’ own reported assessments of their well-being
    Original languageEnglish
    Title of host publicationMeasuring and Promoting Wellbeing: How Important is Economic Growth? Essays in honour of Ian Castles AO and a selection of Castles' papers
    EditorsAndrew Podger and Dennis Trewin
    Place of PublicationCanberra
    PublisherANU Press
    Pages191-208
    Volume1
    Edition1st
    ISBN (Print)9781925021325
    Publication statusPublished - 2014

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