Bloom, David E.; Fan, Victoria Y.; Kufenko, Vadim; … - 2020
Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good … life", such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can … preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to …