"Beyond GDP": A fuzzy way to measure the Country Wellbeing
نویسندگان
چکیده
This paper presents the development of two of the eight indicators to evaluate the Country Wellbeing. We start from the Stiglitz document (2009) that for the first time puts a fixed point on what are the indicators that, aggregated, produces a multidimensional description of wellbeing that goes beyond GDP. Following the document indications, we present a fuzzy approach for this measure as a proposal that overcome the deficiencies that the usual statistical methods produce. The country we have in mind is Italy, but the instrument we propose is not calibrate on this country, but may be useful for every country that share the Stiglitz document indications. The fuzzy instrument we propose is a fuzzy inference system that, by its rule-blocks, let the possibility to use verbal judgement about the importance of one input respect the others.
منابع مشابه
Making Inferences About Rich Country-Poor Country Convergence: The Polarization Trapezoid and Overlap Measures
Underlying the unresolved debate over whether the gap between rich and poor country GDP per capita has narrowed is a concern for wellbeing. The issue is really about the changing shapes of distributions of wellbeing indicators. As limiting cases, convergence between rich and poor country groups can be brought about by countries within groups becoming less alike without any diminution of growth ...
متن کاملRich Country-Poor Country Convergence?: A New Approach to an Old Issue
Understanding whether the gap between rich and poor country’s GDP per capita has narrowed is really about the changing shapes of distributions of wellbeing and technology indicators. As limiting cases, convergence between rich and poor country groups can be brought about by countries within groups becoming less alike without any diminution of growth rate differentials between them, or it can be...
متن کاملIs It What You Measure That Really Matters? The Struggle to Move beyond GDP in Canada
In light of Gross Domestic Product’s (GDP) well-known limitations as a wellbeing indicator, many alternative measures have been developed around the world. Some advocates of “beyond GDP” measures argue that they are key to shifting societal priorities away from economic growth toward sustainability, equity, and well-being. Is there any evidence to date that alternative indicators have lived up ...
متن کاملGoing Beyond GDP to Nowcast Well-Being Using Retail Market Data
One of the most used measures of the economic health of a nation is the Gross Domestic Product (GDP): the market value of all officially recognized final goods and services produced within a country in a given period of time. GDP, prosperity and well-being of the citizens of a country have been shown to be highly correlated. However, GDP is an imperfect measure in many respects. GDP usually tak...
متن کاملHistorical Analysis of National Subjective Wellbeing Using Millions of Digitized Books
Historical Analysis of National Subjective Wellbeing Using Millions of Digitized Books We present the first attempt to construct a long-run historical measure of subjective wellbeing using language corpora derived from millions of digitized books. While existing measures of subjective wellbeing go back to at most the 1970s, we can go back at least 200 years further using our methods. We analyse...
متن کامل