Grün, Carola; Klasen, Stephan - In: CESifo economic studies : CESifo, a joint initiative of … 49 (2003) 4, pp. 617-659
. Our global analysis covering ca. 81 per cent of the world's population demonstrates that global well-being is at least 50 … per cent smaller than world per capita income if the unequal income distribution is also factored in. Conversely, growth … in world well-being has been larger than world income growth between 1970-1998. Since the inclusion of inequality has an …