Transformation of theoretical-methodological approaches and methodical tools of the individual and territory welfare diagnostics. Part 1. From spreading to the alternative diagnostics approaches (background)

Aleksandr Kuklin (), Alexey Naydenov, Natalya Nikulina () and Tatiana Ponomaryova ()
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Aleksandr Kuklin: Institute of Economics of the Ural Branch of the Russian Academy of Sciences
Alexey Naydenov: Institute of Economics, Ural Branch of Russian Academy of Sciences. Centre for Economic Security
Natalya Nikulina: Institute of Economics of the Ural Branch of Russian Academy of Sciences
Tatiana Ponomaryova: Ural Branch of Russian Academy of Sciences Institute of Economics. The Centre for Economic Security

Economy of region, 2014, vol. 1, issue 3, 22 - 36

Abstract: This article presents an evolution of theoretical and methodological approaches to the welfare study. Existing theories of wellbeing are grouped according to accounted method of goods and resources distribution among society members. As a welfare future as a category we highlight objective (measured) and subjective (estimated) components. Based on the analysis of scientific literature we determine the ratio of individual and social welfare. The main differences between the categories of “ welfare†and “wealth†are given. The main difference consists in multidirectional changes of welfare and wealth for an increase (decrease) in income of the individual (country). In this article we present an analysis of modern approaches to the definition of welfare: state, institutional and expendable approach. The welfare level estimation is complicated due to the need to consider the subjective component. The article provides an analysis of existing approaches to quantitative welfare evaluation ranging from the most common techniques (HDI, GDP) to alternative techniques (Happy Planet Index).Methodological devices are structured by levels of welfare assessment objects (world, country, region, people). Based on the analysis of the advantages and disadvantages of methods we can conclude that the most reliable method is a comprehensive approach, which includes economic, environmental, social, vital and infrastructure indicators. The author’s approach to the formation of a complex methodological tool for individual and territory welfare estimation is presented in this article.

Keywords: theory of welfare; social welfare; individual welfare; wealth; wealth distribution; methodology and methods of evaluation; spheres of life; indicative analysis (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (4)

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