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We (a) propose an implementable innovation index, (b) relate it to existing innovation definitions and (c) show whole …-economy and industry-specific results for the UK market sector, 2000-2005. Our innovation measure starts by observing that we … could get more GDP without innovation by simply duplicating existing physical capital and labour (e.g. adding a second …
Persistent link: https://www.econbiz.de/10003811075
technological innovation also provides impetus to the progressive integration of the nations. The elements of globalization include …
Persistent link: https://www.econbiz.de/10002764241
This paper has three objectives. The first is to discuss the major issues involved in defining and measuring child poverty. The choices that must be made are clarified, and a set of six principles to serve as a guide for public policy are stated. The second objective is to take stock of child...
Persistent link: https://www.econbiz.de/10002764242
There is a presumption that when an individual's comparison of his income with the incomes of others in his comparison group yields an unfavorable outcome, the individual is dismayed and experiences stress that impinges negatively on his health. In a recent study, Hounkpatin et al. (2016)...
Persistent link: https://www.econbiz.de/10012213174
objective health measures. -- Health inequality ; concentration index ; income measurement ; SOEP …
Persistent link: https://www.econbiz.de/10003941754
The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By increasing the informational content of grades, central exams may improve the sorting of students by productivity. To test this, we exploit the unique German setting where...
Persistent link: https://www.econbiz.de/10011283115
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann-Morgenstern utilities of the individuals. After examining the...
Persistent link: https://www.econbiz.de/10010423769
Trust is a concept that has attracted significant attention in economic theory and research within the last two decades: it has been applied in a number of contexts and has been investigated both as an explanatory and as a dependent variable. In this paper, we explore the questions of what...
Persistent link: https://www.econbiz.de/10003829721
. -- Stiglitz Commission ; Stiglitz Report ; Beyond GDP ; welfare measurement ; life satisfaction …
Persistent link: https://www.econbiz.de/10009125637
National life satisfaction is an important way to measure societal well-being and since 2011 has been used to judge the effectiveness of government policy across the world. However, there is a paucity of historical data making limiting long-run comparisons with other data. We construct a new...
Persistent link: https://www.econbiz.de/10012494911