The current state of research on the two-way linkages between productivity and well-being
Andrew. Sharpe and
Shahrzad. Mobasher Fard
ILO Working Papers from International Labour Organization
Abstract:
Interest in the topic of well-being has burgeoned in recent years as the weaknesses of gross domestic product (GDP) per capita as a proxy for well- being have become more apparent. At the same time, the global economy has experienced a productivity slowdown. Since productivity growth is recognized as being by far the most important long-term source of sustainable gains in living standards, this development has implications for the future of living standards around the world. These two developments raise a number of issues related to the two-way linkages between productivity and well-being. First, does slower productivity growth constitute a significant threat to the betterment of the well-being of the world’s population, and, if so, by how much? Second, given that many indicators of well-being can have positive effects on productivity, should one aspect of any strategy to revive productivity growth be to focus on policies that improve well-being? The objective of this report is to survey the current state of research on the two-way linkages between productivity and well- being.
Keywords: productivity.; wellbeing; measurement. (search for similar items in EconPapers)
Pages: 1 online resource (44 p.) pages
Date: 2022
New Economics Papers: this item is included in nep-eff and nep-hap
References: Add references at CitEc
Citations: View citations in EconPapers (2)
Published in ILO working paper series
Downloads: (external link)
https://doi.org/10.54394/TMUV3384 (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ilo:ilowps:995172493102676
Access Statistics for this paper
More papers in ILO Working Papers from International Labour Organization Contact information at EDIRC.
Bibliographic data for series maintained by Vesa Sivunen (labordoc@ilo.org).