Croissance économique et bien-être

Gerard Cornilleau ()
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Gerard Cornilleau: OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po

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Abstract: The measurement of social well-being is still a question. We propose a new indicator founded on both "relative" and "absolute" characteristics. The level of aggregated social well-being depend on income distribution (reducing inequality increase social well-being) and on the rate of economic growth (living generations are in a better situation). We have computed the indicator for France, Italy, United States and United Kingdom, during 1950-2000. The increase in social well-being was very large in France and Italy, but stagnate in the recent years. In the United States and United Kingdom, it is still increasing. In these four countries, a 2 % per year growth in real income per capita is required to stabilise the level of well-being. For sustaining a high level of social well-being, the economic policy must aim two goals: a high level of economic growth and a low level of inequality.

Keywords: PIB; Bien-être; Répartition du revenu (search for similar items in EconPapers)
Date: 2006-01
Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03389316
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Published in Revue de l'OFCE, 2006, 96, pp.11 - 34. ⟨10.3917/reof.096.0011⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03389316

DOI: 10.3917/reof.096.0011

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