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来源类型Working Paper
规范类型报告
DOI10.3386/w28177
来源IDWorking Paper 28177
GDP, Wellbeing, and Health: Thoughts on the 2017 Round of the International Comparison Program
Angus Deaton; Paul Schreyer
发表日期2020-12-07
出版年2020
语种英语
摘要In March 2020, the International Comparison Project published its latest results, for the calendar year 2017. This round presents common-unit or purchasing-power-parity data for 137 countries on Gross Domestic Product and its components. We review a number of important issues, what is new, what is not new, and what the new data can and cannot do. Of great importance is the lack of news, that the results are broadly in line with earlier results from 2011. We consider the relationship between national accounts measures and health, particularly in light of the COVID-19 epidemic which may reduce global inequality, even as it increases inequality within countries. We emphasize things that GDP cannot do, some familiar—like its silence on distribution—and some less familiar—including its increasing detachment from national material wellbeing in a globalized world where international transfers of capital and property rights can have enormous effects on GDP, such as the 26 percent increase in Ireland’s GDP in 2015.
主题Macroeconomics ; International Economics ; Trade ; Globalization and International Relations ; Health, Education, and Welfare ; Health ; Poverty and Wellbeing ; Other ; Economic Systems ; COVID-19
URLhttps://www.nber.org/papers/w28177
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/585851
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Angus Deaton,Paul Schreyer. GDP, Wellbeing, and Health: Thoughts on the 2017 Round of the International Comparison Program. 2020.
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