Building Indicators for Inclusive Growth and its Sustainability: What Can the National Accounts Offer and How Can They Be Supplemented?

Didier Blanchet and Marc Fleurbaey

Economie et Statistique / Economics and Statistics, 2020, issue 517-518-519, 9-24

Abstract: [eng] How can the national accounts be linked to the objective of obtaining an inclusive measurement of growth, integrating distributional issues and all determining factors of well-being, in both the short and long term? The accounts offer measurements of real income that have undeniable connections with the quantification of current well-being, but they ignore the non-monetary factors of such well-being and they do not allow for evaluation of its sustainability. We present a way of dealing with the first limitation, the notion of equivalent income. It fits well with the accounts approach, it has relatively strong normative justifications and it lends itself well to the micro-macro bridging exercises needed to evaluate inequalities. Creating overall measurements of sustainability seems much more problematic, as it is impossible to do so without projection models that go far beyond the framework of current statistical output.

JEL-codes: E01 I31 Q51 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://insee.fr/en/statistiques/fichier/4770146/0 ... -Fleurbaey_ENWeb.pdf (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:nse:ecosta:ecostat_2020_517t_2

DOI: 10.24187/ecostat.2020.517t.2020

Access Statistics for this article

Economie et Statistique / Economics and Statistics is currently edited by Dominique Goux

More articles in Economie et Statistique / Economics and Statistics from Institut National de la Statistique et des Etudes Economiques (INSEE) Contact information at EDIRC.
Bibliographic data for series maintained by Veronique Egloff ().