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 … be calculated with manageable data requirements. Against this backdrop, a need exists for a measure of well-being that … preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to …